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    Carmelics

    A reasoning platform. Break down any belief into clear reasons, explore both sides, and weigh the evidence honestly.

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    LoyalLoyalJusticeJustice
    Made withinDC&Austin
    Statements
    321,452
    Perspectives
    108,905
    Topics
    42
    Home/Original/inverse
    See Original
    Inverse View

    It is not the case that The crown may legitimately alter the denomination of money to serve the common good

    ?Set your confidence on the premises below to see your aggregate.

    Reasons For

    2 perspectives
    Reason for 1 of 2
    ?
    • 1.Money derives its legitimacy from the consent of those who use it in exchange, not from sovereign decree alone.
      ?

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    • 2.Oresme argued in De Moneta (1355) that coinage belongs to the community, making unilateral royal alteration a form of theft.
      ?

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    • 3.An act that appropriates private wealth without compensation cannot be justified merely by labeling it a public benefit.
      ?

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    Reason for 2 of 2
    ?
    • 1.Altering monetary denomination without corresponding adjustment in obligations transfers real wealth from creditors to debtors by sovereign fiat.
      ?

      Think about whether this reason is strong or weak

    • 2.Locke held in Some Considerations (1692) that property rights precede and constrain legitimate governmental authority.
      ?

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    • 3.A power that systematically redistributes existing property under the guise of monetary policy violates the foundational terms of the social contract.
      ?

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    Reasons Against

    1 perspective
    Reason against
    ?
    • 1.Money is merely a unit of measure set by men, not a divinely fixed quantity
      ?

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    • 2.Human institutions may be adjusted by legitimate authority when the common good requires it
      ?

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