And imagine, this was written while (1) the U.S. still had a trade surplus, and (2) we were in much stronger shape industrially and economically than today. Today the printing and borrowing and deficits have raced out of control.
"Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
HonoluluDude
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