The first thing done is to confuse cash with produce, then paper money with cash; and from these two confusions it is pretended that a reality can be drawn. FULL ARTICLE by Frederic Bastiat
Source link: http://archive.mises.org/11187/credit/
Credit
Previous post: Productive Debt versus Unproductive Debt
Next post: The Money Book for the Ages



{ 1 comment }
Hi
this is faisal wnts to know more about it .
—————————-
DebtManagementPlan.co.uk
Comments on this entry are closed.