It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by working harder or more efficiently, saving more, investing more, and producing more.


Man Vs. the Welfare State (ed. Ludwig von Mises Institute, 1971) - ISBN: 9781610163996


It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by working harder or more ...

It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by working harder or more ...

It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by working harder or more ...

It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by working harder or more ...