The Essence Of Money Revisited – The Profound Implications Of The Decentralization Of Currency

This post will look at the mechanics of Fiat debt based systems and the incentive structures that it creates for society, and then compare it to the mechanics and incentive structure that would be present under a competing and decentralized financial system… I will then elaborate on the profound changes that will reshape society with […]

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The Blockchain, Law And Property – From Public Property, To Private Law Society

This post will discuss the “evolution” of Law from decentralized to centralized over the last five hundred years, and how the advent of new distributed technologies will decentralize law again away from centres of power and influence and towards localized and voluntary exchange and institutions… I will explain step by step how this centralization of […]

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Distributed Technology And The End Of Counter-parties (Law and Banking)

This post is an extension onto my last post and will explore and discuss how new distributed technology developments of the last ten years soon to realize their full potential will end the counter-party or middleman, and how profound that development is for Human Liberty, specifically freedom from government, banking and all other centralized cartelized […]

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The Death of Central Banking, Government and The Birth of The Voluntary Era (Part2)

“Industry will divest power of its revenues by offering at less cost the services which power gets itself paid for. Federations will replace States, the loose but indissoluble chains of interest will succeed the despotism of men and of the Laws. The tendency towards government, the first passion of the Human Race, will cede to […]

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The Death of Central Banking, Government and The Birth of The Voluntary Era (Part1)

I had spent a few weeks planning and halfway through writing an elaborate post on the evolution of banking to central banking and the inner workings of secret cartels, but I got so bored I couldn’t be bothered finishing it… In these dying days of Socialist central banking, I really don’t think it matters anyway… […]

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The Origin of Banking

“Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take away from them the power to create money, […]

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The Essence of Money

Before we get to the Origin of Banking I would like to spend a post discussing a few concepts regarding money and exchange in the economy more generally… And to illustrate these concepts I will use a set of quotes from some great Classical Liberal French Economists, much neglected by the history of economic thought… […]

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