Murray Rothbard Quotes

The Underconsumptionist Of 1819 Believed That Consumption Would Be Stimulated By Tariffs, While The Underconsumptionist Of A Later Day Urged Monetary Expansion As The Remedy. On The Other Hand, The Remedy Proposed For The Shortage Of Money Capital Was Monetary Inflation In 1819, Encouragement Of Savings And Thrift In The 1930s.

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