jed on Nostr: Just got done reading Hayek’s Good Money series. Very impressed with his foresight ...
Just got done reading Hayek’s Good Money series. Very impressed with his foresight from over a century ago.
According to Hayek, a good money will contain the properties:
1. Decentralization of Money Creation
2. Predictable monetary policy
3. Non-Inflationary Growth
4. Competition in Currency
5. Sound Money
6. Limiting Government's Role
7. The Role of Gold Standard
8. Integration of Monetary and Capital Theory
Published at
2024-01-15 04:23:11Event JSON
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"content": "Just got done reading Hayek’s Good Money series. Very impressed with his foresight from over a century ago.\n\nAccording to Hayek, a good money will contain the properties:\n\n1. Decentralization of Money Creation\n\n2. Predictable monetary policy\n\n3. Non-Inflationary Growth\n\n4. Competition in Currency\n\n5. Sound Money\n\n6. Limiting Government's Role\n\n7. The Role of Gold Standard\n\n8. Integration of Monetary and Capital Theory",
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