[kennywinker]

“The alternative would be a repeal of laws establishing police, allowing consumers & businesses to choose between law enforcement providers.”

Look I’m not saying you can’t criticize the existence of the fed, but calling them a “government enforced monopoly” is inane. They are a _part_ of the government.

[provolone]

If using a given telephone company were mandated by the government, it would be by definition a government enforced monopoly. Similarly, legal tender laws force businesses to accept USD to settle all debts. From this point, Gresham's law also plays a role.

There is a long history of private policing in the United States.

The Federal Reserve Bank is not owned by the government. It is considered a public private partnership.

https://en.wikipedia.org/wiki/Private_police_in_the_United_S... https://mises.org/wire/private-policing-isnt-fantasy https://en.wikipedia.org/wiki/Gresham%27s_law