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America Quote by Murray Rothbard

“In his second Inaugural Address, on March 5, 1821, Monroe…” quote by Murray Rothbard
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“In his second Inaugural Address, on March 5, 1821, Monroe admitted at last to a general depression of prices, but only as a means of explaining the great decline in the federal revenue. Despite this, he asserted that the situation of America presented a 'gratifying spectacle.'”

Murray Rothbard

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