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Freedom in Money: Hayek’s Competing Currencies, the Fed, Gold, and Crypto

Freedom in Money: Hayek’s Competing Currencies, the Fed, Gold, and Crypto

Update: 2025-10-23
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Dr. Alex Pollock explains how monopoly money empowers the state to finance deficits and wars, and why legal tender laws should give way to free choice in money. He explores why genuine competitors—likely led by gold—would discipline issuers, noting central banks’ renewed appetite for bullion as an emergent currency competition.

Sponsored by Yousif Almoayyed.

Recorded at the Mises Supporters Summit in Delray Beach, Florida, on October 17, 2025.

 

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Freedom in Money: Hayek’s Competing Currencies, the Fed, Gold, and Crypto

Freedom in Money: Hayek’s Competing Currencies, the Fed, Gold, and Crypto

Alex J. Pollock