“Until government administrators can so identify the interests of government with those of the people and refrain from defrauding the masses through the device of currency depreciation for the sake of remaining in office, the wiser ones will prefer to keep as much of their wealth in the most stable and marketable forms possible - forms which only the precious metals provide.”
Quote by Elgin Groseclose
Author
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Source: Planning for Freedom: Let the Market System Work : a Collection of Essays and Addresses
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Source: Capitalism: The Unknown Ideal
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Source: Economic Controversies