We will argue that natural money production can work;
that it has worked wherever it has been tried; and that there
are no tenable technical, economic, legal, moral, or spiritual
reasons to suppress its operation. By contrast, there are a
great number of considerations that prove conclusively the
harmful and evil character of inflation. And in our time
inflation has become persistent and aggravated because various
legal provisions actually protect the monetary institutions
that produce this inflation.
Also:
Central planning or hyperinflation (or some mix between
the two)—this is what the future holds for an economy under
paper money.
Posts
No comments:
Post a Comment