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Source link: http://archive.mises.org/12882/mercantilism-and-inflation/

Mercantilism and Inflation

June 3, 2010 by

In the early 1700s, France turned on the taps of paper-money inflation. At the same time, England turned instead to a more subtle device for accomplishing the same inflationary objective: the creation of a new institution in history — a central bank. FULL ARTICLE by Murray N. Rothbard


Gerry Flaychy June 3, 2010 at 7:45 pm

To sum up, the heart of the problem is the government !

Big Brother September 10, 2011 at 7:22 pm

Link to the complete article seems to be broken: it takes me to a page which is blank except for the following: Mises Daily

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