Directly ending the Federal Reserve System through legislation is the
wrong goal, both morally and practically, for those who oppose the Fed.
Rather, we should be concerned with abolishing the legal tender laws
that largely force us to use Federal Reserve notes. If this is achieved,
the Fed will collapse under its own weight, for the Fed note could not
hope to stand up to competition with sounder currencies in the free
market. Read the rest here: http://dailyanarchist.com/2013/03/24/end-the-fed/
The libertarian world can be summed up, ultimately, as freedom from
crime. Based on the principles of private property and non-aggression,
many anarcho-capitalist writers propound and rework “ideal” visions of a
“libertarian world”. What must never be admitted into such a
world by writers of this stripe is a coercive government, even when it
is admitted that force will nevertheless exist such a world But there seems
to be something slightly amiss in this idea, even perhaps at a first
glance. Many libertarian writers theorize a world in which no force is used by
individuals who make up a State, but wherein force is used by still
other individuals, such as petty thieves or gun-wielding
extortionists—aggression which is usually admitted as impossible to
fully eradicate.
But it must be realized that insofar as one admits the existence of unwarranted force into such a society—and it would indeed be absurd to pretend that it would be otherwise—one must also admit that compulsory states exist in it too.
Directly ending the Federal Reserve System through legislation is the
wrong goal, both morally and practically, for those who oppose the Fed.
Rather, we should be concerned with abolishing the legal tender laws
that largely force us to use Federal Reserve notes. If this is achieved,
the Fed will collapse under its own weight, for the Fed note could not
hope to stand up to competition with sounder currencies in the free
market.
