Our government prints lots of money. It's one way to cover
deficit spending. Of course, that means that over time, dollars
lose value. What if I could print my own dollars to compete with
government? Maybe they'd look like this: But I can't compete
with government's currency. It's against the law. People have
gone to jail for trying to issue alternative currencies. On my
show tonight at 9pm, former Federal Reserve economist David
Barker argues that allowing private currency would help solve
problems like inflation: "In all of the instances in world
history where we've had [private currencies], we haven't had
rampant runaway inflation. But we have many examples of that
under government monopoly money," he points out. You bet. Here's
a 100 trillion dollar bill from Zimbabwe. American politicians
haven't trashed the dollar to that point...yet. What about a
gold standard to stop inflation? Many libertarians support that,
but Barker points out: "A gold standard really is just another
government-mandated money." An