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The Strategy for Liberty | The Hillebrand Series | Episode 12 (WiM071)
The "What is Money?" Show
Is There a Monopoly?
A common argument is that if there were multiple and protection agents, s, then they would continue to fight amongst each other. And therefore a natural monopoly emerges where the highest level of security is provided,. If there is one trusted third party that is the only legitimate user of force, and being the state.
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