National Platform of the Libertarian Party
Adopted in Convention, May 2004, Atlanta Georgia
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IV. FOREIGN AFFAIRS
Economic Policy
International Money
The Issue: The federal government's involvement in international currency markets undermines the stability of the dollar, artificially inflates and deflates the currency and undermines the free market.
The Principle: Individuals voluntarily trading in free markets should be the only determining factor in the value of goods and services
Solutions: The government involvement in international money markets along with the Federal Reserve System should cease, and private sector trading should be the only influence in the value of money.
Transitional Action: The United States must withdraw from all international paper money and other inflationary credit schemes, and from the World Bank and the International Monetary Fund. We strongly oppose any bailout of foreign governments or American banks by the United States, either by means of the International Monetary Fund or through any other governmental device.
