Valun exchange system (2 risultati)

Ephemera. [4] pages. Age toned at extremities; two horizontal folds from mailing. Very Good. Riegel sends off a salvo of correspondence to Walter Spahr, vice president of the Economists National Committee, insisting that Spahr use the Committee?s literature to advertise his Valun system. After refusing, Riegel responds by sending this record of correspondence to individual members, writing: ?The following correspondence reveals a closed mind that we trust is not typical of the profession of economists.? Riegel again insists that these professionals read and comment on his proposal as ?a test of the rational-mindedness of the valun idea and the open-mindedness of American economists.? Riegel fiercely campaigned for the separation of state and currency, arguing that truly unrestricted and free markets (which he equated to true democracy) could exist only when individuals and groups could self-issue currency?an idea that surged with the advent of cryptocurrency, cypherpunks, and the introduction of Bitcoin in the late 2000s.…

[10p.] brochure, very good. Includes illustration of a Valun check and an example of the proposed Valun currency. Riegel associated with libertarians and individualist anarchists. He proposed a private enterprise currency operating on a voluntary basis, without government backing or interference.