Comment: Trial and Error

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Trial and Error

A very good place to begin a new study may be along the lines of Wild Cat Banking before The Civil War.

Accurate money is better that Fraud Money.

To who?

Fraud money is better than accurate Money.

To who?

I've run into more than one person who promotes "Austrian Economics" and I ask the following questions:

What is ideal money?

Which is the most accurate money?

The replies are almost always "shoot the messenger" as the questions, apparently, causes them to blow a head gasket.

Is there a way to employ the experimental money criminally, or fraudulently, which means counter to the expressed purpose, or counterfeiting it?

Is that a fair question?

Joe