Since going down the Bitcoin rabbit hole I came to think of gold as "God's distributed ledger". Reading Lyn Alden's "Broken Money" and seeing her describe it in similar terms ("nature's ledger") gives me confidence that that is the right way to think about it. I wonder if thinking about commodity money in this way would help unify the commodity based and credit based theories of money? And thus, if Lyn's work could help as a bridge between Austrian and (sincere) Keynesians?
Discussion
No replies yet.