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Eighty years ago, on May 20, 1946, Austrian economist Friedrich A. Hayek delivered at Princeton University what, in my opinion, was one of his…
Eighty years ago, on May 20, 1946, Austrian economist Friedrich A. Hayek delivered at Princeton University what, in my opinion, was one of his…
What is fiat money and what does it do? This is essential to understand since today’s worldwide unbacked paper, or “fiat,” money regime is an…
