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| Joined: | Mon Nov 21st, 2005 |
| Location: | California USA |
| Posts: | 6399 |
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It is with the restrictive, inequitable, and unequal intent of these laws that we must deal. Now, either we agree with Bastiat, "…that they produce scarcity or we do not admit it. If we do admit it, we thereby confess that they inflict upon the people all the harm that they can do. If we do not admit it, then we deny that they limit the supply of goods and raise their prices..."
http://www.lewrockwell.com/case/case24.html
You see their money was REAL: it had inherent value. They could eat it, wear it, or trade it for other needed goods or services. As long as they had enough for their family, everything else could be "spent," they just needed to know where to begin the bartering process. Thus the shekel became nothing more than the standard, an example of worth not the absolute value of a product.