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From Economist Ludwig Von Mises

Government is the only institution that can take a valuable commodity like paper, and make it worthless by applying ink.

Von Mises was a chief proponent of the Austrian School of economics which is (in my own mind) the best model for running a modern economy. More here: Mises Institute

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This page contains a single entry by DaveH published on March 5, 2019 3:58 PM.

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