Austrian/minarchist/libertarian economists are so conditioned to austerity and a puritanical mindset that they can’t see that a modern debt jubilee could create a painless and economically democratic way to accomplish the monetary and price deflation they are always preaching. Of course you’d also have to ultimately implement a new Distributive monetary paradigm for consumer finance aka Gifting, and also utilize a tool like a retail discount that macro-economically equated total costs of consumption and total costs of production and was totally rebated back to participating merchants so that they could be whole on their overheads and profit margins making it a seamless evolution of profit making systems….and a profit making system which finally drove a stake through the heart of the real problem…the Banking and Financial system’s monopoly paradigm of Debt ONLY.  And oh yes, you might have to create some gracious but effective way of regulating/prompting a small percentage of the Banking and wealthy elite and any other small fry afflicted with the desire to make a quick buck from idiotically and anti-socially attempting to destroy such a workable, democratic and ethical evolution of the economy and money system…but isn’t it about time we applied ethical instruction and guidance to that small percentage of the population who are obsessively and compulsively insecure and hence consciously or unconsciously stupid and/or destructive?