Riegel E C Edwin Clarence Editor (1 results)

Pamphlet. 2 issues (12 pages; 8 pages), staplebound pamphlets. Issue one has a blank form inserted soliciting voluntary contributions to the Valun Institute. One horizontal fold and minor soiling and toning to extremities to both issues. Very Good. In the first issue there are a series of articles defending private enterprise and denouncing state control of currency. Riegel offers a vision of unrestricted fiat-based free markets as the ultimate harbinger of democracy, and outlines two principles and a detailed constitution for a Board of Valun Exchanges that would privately issue currency and perfect private enterprise. ?There is nothing in the Constitution that impairs the citizen?s right to issue money, nor is there any explicit authorization for the Government to undertake money issuance. In fact it was the intent of the founders to forbid it.? The second issue (dated 11 months later) contains transcripts of letters Riegel sent to the Treasury Department announcing his new system. Riegel was an anti-statist whose belief in a universal currency issued by individuals and not associated with any state authority is echoed in the cypherpunk and cryptocurrency movements. Not in the trade or in WorldCat as of January 2026.