"Monetary policy today is guided by little more than government fiat -- by the calculations, often mistaken economic theories, and whims of central bankers or, even worse, politicians. Under such a regime, inflation of three or four percent annually has come to be viewed as a stellar monetary performance. However, under a more sound monetary system -- i.e., a gold standard -- such increases in the general price level would be seen as wildly inflationary."
Reader comments about this quote:
|
• Fredrick William Sillik, Anytown
• E Archer, NYC • Mike,, Norwalk • Mike,, Norwalk • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Mike,, Norwalk • Mike, Norwalk • Mike, Norwalk • Mike, Norwalk • Fredrick William Sillik, Anytown • Mike, Norwalk • E Archer, NYC • Mike, Norwalk • Mike, Norwalk • Mike, Norwalk • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown • Fredrick William Sillik, Anytown |
|
© 1998-2024 Liberty-Tree.ca