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Ep. 2153 Dumb Excuses for the Fed

The Tom Woods Show

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What Is Hard Money?

Any supply of ney can facilitate any number of transactions. So if the supply of goods and services doubles, we don't need and it would actually be disruptive to double the supply of money,. along with it, prices just fall by half. This is a fallacy that david ricardo refuted 200 years ago. And i realize this will come as a surprise to most americans, bause we're all accustomed to seeing consumer prices rise over time.

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