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A Priori Theory and Sound Money
Thorsten Polleit
11/17/2011
www.mises.org
In 1953, Ludwig von Mises wrote,
The sound-money principle has two aspects. It is affirmative in approving the market’s choice of a commonly used medium of exchange. It is negative in obstructing the government’s propensity to meddle with the currency system.[1]
And further,
It is impossible to grasp the meaning of the idea of sound money if one [...]
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