Ludwig Von Mises Quotes

The Social Displacements That Occur As Consequences Of Variations In The Value Of Money Result Solely From The Circumstance That This Assumption Never Holds Good. In The Chapter Dealing With The Determinants Of The Objective Exchange-value Of Money It Was Shown That Variations In The Value Of Money Always Start From A Given Point And Gradually Spread Out From This Point Through The Whole Community.

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