Quote from Federal Reserve Bank of St. Louis 

"The decrease in purchasing power incurred by holders of money
due to inflation imparts gains to the issuers of money..."

Quote by:
Review, Nov. 1975, p.22, Published by The Federal Reserve Bank of St. Louis
Bookmark and Share  

Get a Quote-A-Day!
Liberty Quotes sent to your mail box.

More Quotations

Quotes & Quotations - Send This Quote to a Friend

© 1998-2005 Liberty-Tree.ca