Government is an inherently inflationary institution and will ever remain so until it is dispossessed of its monopoly of the supply of money. — Joseph Salerno Copy Share Image
The market insures that any quantity of money is capable of performing all the work required of a medium of exchange by adjusting its purchasing power to the underlying conditions of supply and demand. — Joseph Salerno Copy Share Image
Government is an inherently inflationary institution and will ever remain so until it is dispossessed of its monopoly of the supply of money. — Joseph Salerno Copy Share Image
It is precisely through falling prices that the fruits of increased productivity and economic growth are spread throughout the market economy. — Joseph Salerno Copy Share Image
The market insures that any quantity of money is capable of performing all the work required of a medium of exchange by adjusting its… — Joseph Salerno Copy Share Image
