The Liberty Dollar alive & well in Austin
One of the problems many libertarians face is figuring out how to fix the problems that are so readily apparent to us. It's not always easy to see how effective individual action can be, or, given that, what actions are most effective in slowing and reversing the continual expansion of governmental power.
One painless way of mitigating the government's power is through the use of an alternative, value-backed currency, such as the liberty dollar. As you may know, the common U.S. dollar is a fiat currency, which means it has value and is accepted because the governments says it does. The government prints dollars at its own will, with no practical physical restraint on the amount of currency printed. Because there is a natural incentive for the government to abuse this source of *free* money, the government often expands the money supply too fast, resulting in inflation, which makes every dollar less valuable. In extreme cases, in other countries, people have seen their money become virtually worthless over the course of a few short months and years.
Were the dollar instead backed by value, such as a precious metal, instead of by the governments promises, then peoples money would retain it's value, and the government would not be able to profit by simply printing dollars at their expense, as any dollar produced would have to be "earned" because it must be backed by some quantity of gold or silver that has been purchased.
You can protect yourself from these abuses as well as encourage others to do the same by using the liberty dollar, which is a currency that holds 2 values, one in U.S. dollars, by consent of the seller, the other in terms of the silver that backs it. If the inflationary pressures push the price of silver above the face value printed on the bills, they can be redeemed for the corresponding quantity of silver. Realistically, you will not likely be faced with the need to do so, but you could think of it simply as a free insurance policy. Simply carry some of both currencies, and use the liberty dollars when they are accepted, and the fiat dollars when they are not. If you don't like to ask about these things, you can find a list of Austin-area merchants that accept the liberty dollar and an easy way to exchange your currency, as well as other useful info, particulary for the skeptical. You'll find everything from strip clubs to comic book stores are on the list, and getting liberty dollars is as easy as ordering online and recieving them in the mail. Enjoy spending your hard-earned money.







