es form anyhow, under any monetary system and financial arrangement, the real short term working capital and redemption fund in any country. Monetary freedom could transfer this capital into ready cash demand for labour, at free market wages, payable in stable private money with "shop foundation" and using gold reckoning or gold clearing for measurement purposes (all prices being marked in standardized gold weights and payable in anything representing, that value). This kind of capital is not a long term investment capital but only a short term capital, allowing sufficient turn-over credit, exactly what is needed to overcome most unemployment situations. 9. To stop inflation and prevent any further inflation (over-issue of coercive Legal Tender paper money) all kinds of private alternative honest (non-coercive) and sound (stable) money types MUST be free to be issued and must be free to drive out the bad exclusive and coercive) inflated government paper money. These private issues would at the same time drive out any degree of unemployment existing or otherwise threatening (in the case of a centrally mismanaged and exclusive forced currency). Free money makes possible free exchange between free labour and all goods and services freely offered on the market, i.e., full employment to any extent desired by any labourer offering any desired service. Says Law (that supply tends to create equivalent demand) works property under monetary freedom. Spare labour leads then to demand for labour and spare goods lead then to demand for these goods and the labour required to produce more of them. The free issue of private currency money tokens with a shop- or any other clearing foundation, and free pricing, would see to that. (For details see Peace Plans Nos. 8-11 of my Peace Plans series) Unemployment is just the other side of the coin of monetary despotism. Monetary freedom would do away with both, inflation and unemployment. This presuppos...
