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No Government, No Force

Month: June 2012

The Fiasco of Fiat Money

Mises Daily: Thursday, June 07, 2012 by Thorsten Polleit??? Today’s worldwide paper-, or “fiat-,” money regime is an economically and socially destructive scheme ? with far-reaching and seriously harmful economic and societal consequences, effects that extend beyond what most people would imagine. Fiat money is inflationary; it benefits a few at the expense of many […]

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