What is meant by “Voting with Money”?

 If a Government issues its money, then relinquishes control of it and allows the free market to determine its value, (as in the case of gold coins), then people can vote with their money by choosing to finance public projects by loaning their gold and silver coins to the Government, or by keeping their money.The former, of course, is a vote of confidence in that project or administration, and it stimulates growth. The latter is a no confidence vote, and would generally cause a slow-down in growth, perhaps even a depression, thereby generating a clean-sweep at the polls. Only worthy or profitable projects would be considered under this system, as each Government project would have to seek financing in private markets, like all others.

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