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05. Sovereign Money
1 month ago
75
Chapter Five of my book, How to Dismantle an Empire, shows that sovereign money, designed by Benjamin Franklin, worked in colonial Pennsylvania. The revolutionary war was fought over sovereign money but the veterans were tricked. Shay's Rebellion tried to bring it back but the Constitution put merchant-bankers back in charge. I show how it could have gone differently, and could go differently again.
Third Paradigm on Substack: https://thirdparadigm.substack.com/
How to Dismantle an Empire: https://www.amazon.com/How-Dismantle-Empire-2020-Vision/dp/173334760
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