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sábado, enero 07, 2012

The EURO Must Die

Imagine you a world which is dominated by a single imposed fiat money. A world where a cult of privileged men has a total control over the money that all people on the earth are forced to use. A world where this sect has a supper monopoly throughout which it controls the use and issues of a single fiat money. A world where generally, a single man, would decide the quantity of money and the arbitrary distribution of such issued money among seven billion of peoples. Surely such a controlled world would look like a world with seven billion, but one, slaves. That is the meaning of final implications of the fiat monetary system: to enslave people.


We know that a slavery world -like socialism or communism- is the worst of all social organizations. At the beginning let me make an ask: why the fiat monetary system leads to social slavery?. The resounding answer is that such monetary system overrides freedom of people while they aren't free to choice money. In a social organization while people aren't free to choice money they aren't free to choice anything because all other thing are interchanged, one and others, and valued using money. The quality to choice money is a transitive property given that the money is a mean of payment. But the more important fact is that the quality of liberty is a transitive property too. So, if someone hasn't a full exercise of his or her aptitudes, then he or she hasn't a full disposition of his or her goods, not a full deployment of his or her personality. In other words, he or she is like a slave.

So, a society living with a fiat money system is a pseudo-free society. If a society isn't free to choice anything they don't live in a capitalist economics organization. Then, like Ludwig von Mises has said, a not capitalist society is a socialist one. The fiat money is a governance instrument of the socialism. Under fiat system the government has the power to determine the quantity of money, it has the power to force all people to use it, and it can issue money to meet the harmful demands and to benefit particular groups.

In this way, government create inflation because this additional issued money doesn't cover a sound rise in the economic demand for money but serves sectional interests. In this way the value of money -and therefore the value of all economic goods- is given by the coercive power of state and not by free people acting in a free market. This is a socialism system for the simple fact that it is the state, and not free people exercising all their rights of ownership, which has the power to determine the value of all the pile of economic goods. That it is the state which has the last properties rights of all economic goods in a similar way that Hans-Hermann Hoppe calls the fiat property rights.

The EURO -the common fiat money of a vast collection of European countries- is an attempt to generalize a unique fiat money monopoly over a vast social diversity. It is an attempt to limit the natural predisposition of each country -predisposition of all people who live there- to choice their own money and to use all these moneys to compete one and others and so to preserve the value of such moneys. Then, the EURO is a perverse attempt to dominate and to slave all European society, it is an attempt to induce a process of wealth accumulation and then to defraud and plunder all private properties of all European society. In the same way that a fiat system leads to enslavement within a country, the EURO leads to enslavement within Europe.

Fortunately, the EURO, like all attempt of totalitarian domination, must collapse. The collapse is the inevitable fate to this perverse socialist plan. Although men have chronic illness of some facile and petty selfishness, men also manifest prevailing feelings over life, liberty, and property. These sentiments seem to be recorded on the foundations of our biological constitution: the genes. So these sentiments become eventually dominants and its manifestations spawn a great revolution. At this time another great revolution is about to occur: fiat money must expire; The EURO Must Die.

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