Ludwig Von Mises Quotes

The Collapse Of An Inflation Policy Carried To Its Extreme
As In The United States In 1781 And In France In 1796
Does Not Destroy The Monetary System, But Only The Credit Money Or Fiat Money Of The State That Has Overestimated The Effectiveness Of Its Own Policy. The Collapse Emancipates Commerce From Etatism And Establishes Metallic Money Again.

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