"Whether inflation occurs by easing monetary policy or by removing precious metal from coinage, it is always and everywhere fraudulent and immoral, for it takes from people the fruits of their labor and destroys the value of their past labor that they have stored in their savings. But why don't more of us know this?"
Mariana Fights Inflation, 1605 - Bart Fuller - Mises Institute
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment