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Posts Tagged: “elastic currency“
October 4, 2025
・Guest Commentaries
The Myth of the “Elastic” Currency: Why the Economy Never Needed It
One of the most pernicious myths about central banking is its necessity to expand and contract the money supply to facilitate the “needs of trade.” But, as the Austrian School of Economics demonstrates, a static money supply is perfectly fine for trade, and it doesn’t entail the destructive inflation that comes with central bankers. The […]
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