I saw this quote from Ludwig von Mises atThe Proletariat’s News and it did seem rather apt considering the US government paid what they were asked for for crappy debt books, regardless of actual market value:
“A government that sets out to abolish market prices is inevitably driven toward the abolition of private property; it has to recognize that there is no middle way between the system of private property in the means of production combined with free contract, and the system of common ownership of the means of production, or socialism. It is gradually forced toward compulsory production, universal obligation to labor, rationing of consumption, and, finally, official regulation of the whole of production and consumption.” – The Theory of Money and Credit
