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<blockquote data-quote="wkmac" data-source="post: 1055458" data-attributes="member: 2189"><p>Just search "Republic of Texas" and even "Vermont Republic" as both are a history worth knowing and you may enjoy it as well. Vermont Republic had it's own money which was made of copper and called the "Vermont Copper." I find it of interest since this went against the prevailing idea of gold and silver money only. It was also coined by a private mint owned by Reuben Harmon Jr. who posted a bond for the privilege of doing so. And from all I can tell, it seems to have worked well which has me even more interested in how and what the details were. </p><p></p><p>Duke University's Professor Emeritus of Economics Thomas Naylor is a leading voice in the current movement of the Second Vermont Republic and of the over 1 dozen books he has authored, 3 are on the subject and advocate secession. I've always wanted to ask him or hear him talk about the Vermont Copper and the economics that surrounded it. Professor Naylor opposes "monetized debt as money" form of monetary system so I'd like to hear what he has to say about this form of specie monetary system.</p></blockquote><p></p>
[QUOTE="wkmac, post: 1055458, member: 2189"] Just search "Republic of Texas" and even "Vermont Republic" as both are a history worth knowing and you may enjoy it as well. Vermont Republic had it's own money which was made of copper and called the "Vermont Copper." I find it of interest since this went against the prevailing idea of gold and silver money only. It was also coined by a private mint owned by Reuben Harmon Jr. who posted a bond for the privilege of doing so. And from all I can tell, it seems to have worked well which has me even more interested in how and what the details were. Duke University's Professor Emeritus of Economics Thomas Naylor is a leading voice in the current movement of the Second Vermont Republic and of the over 1 dozen books he has authored, 3 are on the subject and advocate secession. I've always wanted to ask him or hear him talk about the Vermont Copper and the economics that surrounded it. Professor Naylor opposes "monetized debt as money" form of monetary system so I'd like to hear what he has to say about this form of specie monetary system. [/QUOTE]
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