Now, as Mr. Landis rightly points out, the mere fact of a state’s diktat does not of itself make a thing into ‘money’: ‘Chartalism’ is indeed a flawed doctrine, as he reminds us. Sadly though, this philosophical truth can sometimes have as little practical effect, as do many of the other objections which natural law raises to the Hegelian state’s positivist legal incursions onto our birthright of liberty.
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