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Fiat Money and Collective Corruption

Fiat Money and Collective Corruption

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Published by Mises Fan
In this article it will be argued that collective corruption—
which is the logical result of government interventionism in the field of
money production—can explain why public opinion accepts adherence
to an economically and socially destructive fiat money regime.
Collective corruption can explain why returning to sound money faces
such high, perhaps insurmountable, hurdles once fiat money has been
put into place.
In this article it will be argued that collective corruption—
which is the logical result of government interventionism in the field of
money production—can explain why public opinion accepts adherence
to an economically and socially destructive fiat money regime.
Collective corruption can explain why returning to sound money faces
such high, perhaps insurmountable, hurdles once fiat money has been
put into place.

More info:

Published by: Mises Fan on Feb 15, 2012
Copyright:Attribution Non-commercial

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