Fiat money

In the United States and in many nations, we have embraced the notion of fiat money,(link included for those who do not know what fiat money or gold standard are) leaving behind the classic gold standard. Most citizens in this nation know that only the United States Treasury has the ability to increase the amount of currency, but I, like many others I am sure, have that there has been a form of currency that has been minted, the "Liberty Dollar". It is made of silver and gold, bringing back the gold standard. The only problem, it was not minted by the U.S. Treasury. So what seems to be the problem, does the government want to have a monopoly in the form of payments we must submit? By this new form of currency, we create another competitor to the dollar. The website for Liberty Dollar claims that it is "America's Inflation Proof Currency" as it is backed by real gold and silver.

With fiat money, central planners within the government are able to increase inflation or decrease inflation depending on the amount of money they mint or on selling and buying government bonds. With the Liberty Dollar it depends on the amount of gold that enters or exits their vaults. A point for Liberty Dollar.

Many organizations have a form of play money. I have been to one church who sells coupons for money, these coupons are used as real currency that would be accepted at a nearby participating store, yet the coupons have never came into scrutiny as illegal. Why not have some competition to the might U.S. dollar. It will keep the central planners from playing with inflation so much. Besides, it would be a price to pay for the citizens to choose to have the Liberty Dollar as not all stores may accept it, let alone any banks would accept its. Does government just have a fear of losing its monopoly, but aren't they against monopolies? Perhaps just another question of morals and values...