In the present crisis, the citizens of the United
States have to make an important choice. They can
support a policy designed to perpetuate our current fiat
money system and the sorry state of banking and of
financial markets that it logically entails. Or they can
support a policy designed to reintroduce a free market
in money and finance. This latter policy requires the
government to keep its hands off. It should not produce money, nor should it appoint a special agency to
produce money. It should not force the citizens to use
fiat money by imposing legal tender laws. It should
not regulate banking and should not regulate the
financial markets. It should not try to fix the interest
rate, the prices of financial titles, or commodity prices.