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The Cost of Money: Coinage, Fiat Power, and the Quiet Corruption of Value

Published 1 month, 1 week ago
Description

Governments take valuable things like paper and minerals, stamp something on them, and call them money, in the process rendering these things almost worthless. Something is wrong with this picture.

Original article: https://mises.org/mises-wire/cost-money-coinage-fiat-power-and-quiet-corruption-value

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