Wendy McElroy on repudiating the debt

Posted: February 19th, 2009 |

One of the most promising ideas to come out of libertarianism for a long time …. Refuse to be a good peasant. Do not let peasant status be the legacy forced upon your children and grandchildren. They will be free men and women, standing on their own feet, only if you stand up on yours and say the one word upon which freedom rests: NO. You must say it quickly, however, because the politicians have already grabbed onto the idea. Their form of repudiation is to monetize the debt …

Read the whole thing here.