Money and Common Good: Monetary Freedom as a Strategy for Sound Money

Monnaie et bien commun: la liberté monétaire comme stratégie pour une monnaie saine

Antoine Gentier ()
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Antoine Gentier: AMU - Aix Marseille Université, AMSE - Aix-Marseille Sciences Economiques - EHESS - École des hautes études en sciences sociales - AMU - Aix Marseille Université - ECM - École Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique

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Abstract: Fiat currencies like the Dollar and the Euro are not sound money because they are subject to inflation. A sound money, in the economic sense, is a non-inflationary currency. The discussion focuses first on the question of monetary freedom as a strategy for sound money. If choice is given to money users, they may prefer sound currencies over inflationary ones. Technological innovations make possible the emergence of sound currencies in the context of electronic commerce, the main obstacle remains the monetary debasement practiced by governments in order to finance public deficits.

Keywords: Commodity Money; Cryptocurrency; Inflation; Sound Money; Monnaie marchandise; Cryptomonnaies; Monnaie Saine (search for similar items in EconPapers)
Date: 2025-09-21
Note: View the original document on HAL open archive server: https://hal.science/hal-05619703v1
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Published in Journal des libertes, 2025, Automne (30), pp.149-161

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-05619703

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