A College Kid That Gets It
It's a tough thing trying to have hope in the future. We see the product of the modern education system: task-driven androids that mindlessly repeat the same slogans, maintain an impregnable air of entitlement, and sneer at anyone who offers an opinion or thought outside of the cookie-cutter dumbed-down world view that has been crammed into their heads. They are culturally diverse and intellectually carbon copies of each other.
Then along comes a free thinker and spirit, and that person always makes me smile. So today I want to share the story of Briggs Armstrong, a young Misesian at Auburn University. Not only does this young man (from the looks of his picture he's about 12, but more likely 20) have the critical thinking skills that few adults possess, he has the courage to implement his ideas even though he fully expects to be ridiculed by the ignorant. On top of that, his essay "Why I Pay With Two Dollar Bills" was published on the front page of an economics website that is normally reserved for titans such as Hayek, Mises, Rothbard, Woods, DiLorezo, etc. and fomally trained economists. Congrats to Briggs Armstrong! He should be very proud of this achievement.
Why I Pay With Two Dollar Bills by Briggs Armstrong
I recently decided that I am going to pay for as many things as is practicable using only two-dollar bills. I will now attempt to explain my purely symbolic gesture and the reactions I have received so far.
A few weeks ago I determined that I should be doing something to express my dissatisfaction with current monetary policy, and get people interested in the topic. Inflation was my main concern. I tossed around a few ideas of how to get others interested. I needed to do something dramatic enough to get attention, and interesting, or eccentric, enough to prompt people to educate themselves about monetary policy and price inflation. But how could I both express my discontent and get people to learn that the Fed's printing of trillions is disastrous?
It's a great idea and I hope it catches on. I will also note that Americans are so ignorant of their own money that several people have been arrested for using perfectly legit $2 because the cashier and police officer didn't know they were legal tender. Amazing! I learned about $2 bills when I was six years old for crying out loud. How dumb are these people?
David in Qatar