Feds seek $7M in privately made ‘Liberty Dollars’ that were invented by man to compete with US dollar
“Attempts to undermine the legitimate currency of this country are simply a unique form of domestic terrorism,” U.S. Attorney Anne Tompkins said in a statement after von NotHaus was convicted.
http://finance.yahoo.com/news/Feds-seek-7M-in-privately-apf-641808269.html
A ‘Unique’ Form of ‘Terrorism’ http://www.nysun.com/editorials/a-unique-form-of-terrorism/87269/
When Private Money Becomes a Felony Offense http://online.wsj.com/article/SB10001424052748704425804576220383673608952.html
The conviction and likely asset forfeiture of Bernard von NotHaus shows that our fiat monetary system is not in any way voluntary. People who deride the gold standard as an obsolete relic that “we” abandoned should heed the words of Ludwig von Mises:
The gold standard did not collapse. Governments abolished it in order to pave the way for inflation. The whole grim apparatus of oppression and coercion, policemen, customs guards, penal courts, prisons, in some countries even executioners, had to be put into action in order to destroy the gold standard. (The Theory of Money and Credit, p. 461).
http://mises.org/daily/5184/The-Crime-of-Private-Money
Update: Hard Money, Hard Time http://c4ss.org/content/6719
