Just got done reading Hayek’s Good Money series. Very impressed with his foresight from over a century ago. According to Hayek, a good money will contain the properties: 1. Decentralization of Money Creation 2. Predictable monetary policy 3. Non-Inflationary Growth 4. Competition in Currency 5. Sound Money 6. Limiting Government's Role 7. The Role of Gold Standard 8. Integration of Monetary and Capital Theory