Sound money requires limitations on its quantity. Debasing the coinage causes prices to rise and good money to disappear from circulation. And the guilty party in the erosion of money’s value is invariably a dishonest government.
Read MoreSound money requires limitations on its quantity. Debasing the coinage causes prices to rise and good money to disappear from circulation. And the guilty party in the erosion of money’s value is invariably a dishonest government.
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