ssued after stopping the government's inflation should be exclusively consisting of private issues. (Based on voluntarism and individual secession and exterritorial and autonomous association under personal laws, governments would also be reduced to private associations of volunteers.) All these private issues should also be subject to the right to refuse to accept them and to a free market rate. They would, therefore, be non-inflatable. (See PEACE PLANS No. 19A on the Legal Tender Crime.) The free market rate for exchange media (against e.g. a gold weight reckoning unit) keeps the quantify of exchange media nicely balanced between inflation and deflation and retains the motive to issue additional money tokens as long as they can be issued at par, thus preventing deflation and promoting the sale of labour and goods, while it effectively deters the issuer from over-issuing as he could do so only at his own expense, being under obligation to immediately accept a note at 100% which he had just issued at, let us say, 95%. Even a slight discount of his notes would then exclude them from most of the circulation area which they had achieved so far, due to wide-spread refusals to accept them. WHAT IS UNEMPLOYMENT? Unemployment is here defined as a condition where an able and willing worker cannot easily find a job although he would be satisfied with market level wages, paid in competitive and optional currencies, using optional standards of value, in extension of freedom of contract. The cure for any unemployment due to overpricing of labour is all too obvious to require elaboration. Anyone not able to earn his wage cannot expect anybody except a government to be willing to pay him a wage or a salary. 4. WHAT CAUSES THIS UNEMPLOYMENT? Employment means exchange of labour for other services and goods with the help of money (an exchange medium using a value standard). Fundamentally, employment is as unlimited as the productive ability of workers a...
