Mises Daily
Author:
Thorsten Polleit
Online Publish Date:
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. And further, It is impossible to grasp the meaning of the idea of sound money if one does