THE PEOPLE AND FINANCE THERE are a few elementary principles in economic science the mastery of which by the great body of the American people would be of incalculable value to us as a nation. One of these is that no government can create money out of anything which it may choose to call money. Another is that all classes of the people, rich and poor, laborer and employer, are far better off with a sound and stable currency than they are with any of the varieties of "cheap money." Another is that no part of the financial or business world can be benefited or injured by changes in the monetary standard of value without corresponding benefit or injury to the other parts.
- ISBN10 055773701X
- ISBN13 9780557737017
- Publish Date 14 October 2010
- Publish Status Out of Print
- Out of Print 16 April 2014
- Publish Country US
- Imprint Lulu.com
- Format eBook
- Language English