As you might have guessed, your humble Devil has always been particularly interested in the area of personal freedom—drugs, etc.—as well as reform of the education system ("teach a man to fish, etc."). In essence, I have always described myself as a Consequentialist: I believe that freedom produces the best outcomes.
Our Treasurer, Patrick Vessey, on the other hand, has always been far more towards the Rights end of the spectrum but, additionally, one of his bugbears has always been the fiat banking system. Although we have never really argued about this bone of contention, your humble Devil has never seen it as a priority.
On the other hand, as Patrick argues at the LPUK blog, perhaps now is the time seriously to reconsider that position.
What [President] Jefferson was writing about wasn't purely related to government loading up the public debt, but rather about private bankers creating debt amongst the public via the magic of fiat currency.
Jefferson was right. And, were he alive today, he would find that one UK political party shares his view that: "The issuing power [of money] should be taken from the banks and restored to the people to whom it properly belongs". And you're reading the blog of that party.
LPUK want to take back the power of issuing currency from the commercial banks. It must return to being a Crown privilege, not something to be done at the whim of private enterprise. Of course banks have a right to exist, and a right to make profits. But a 'right' to create inflationary spirals which affect not just their own customers, but every single one of us using the national currency?
Perhaps it is time to rethink our banking system...