To measure prices by a currency that is called by the same names as gold, but that is really inferior in value to gold, and then - because those prices are nominally higher than gold prices - to say that they are inflated, relatively to gold, is a perfect absurdity.


A New Banking System: the Needful Capital for Rebuilding the Burnt District (ed. 1873)

Lysander Spooner Quotes

To measure prices by a currency that is called by the same names as gold, but that is really inferior in value to gold, and then - because those...

To measure prices by a currency that is called by the same names as gold, but that is really inferior in value to gold, and then - because those...

To measure prices by a currency that is called by the same names as gold, but that is really inferior in value to gold, and then - because those...

To measure prices by a currency that is called by the same names as gold, but that is really inferior in value to gold, and then - because those...