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2024-01-15 04:23:11

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
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