Dear Iceland, Adopt a Commodity-Backed Currency

Dear Iceland citizens,

Now is the perfect time to adopt a commodity-backed currency since the Krona is about to be worthless. Don’t start using another type of paper money, such as the euro. Use money that is actually worth something. The product could be gold or oil or even sweaters. Any product is better than paper, which the government can create at will. Trade your remaining Krona for gold or silver coins, or some other products, and use these products to trade. From ruin, there can be tyranny or liberty. Choose liberty.


Dave Doctor

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