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But when States did debase the coinage, it was always from purely fiscal motives. The government needed financial help, that was all; it was not concerned with questions of currency policy.
Ludwig von Mises The Theory of Money and Credit
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But when States did debase the coinage, it was always from purely fiscal motives. The government needed financial help, that was all; it was not concerned with questions of currency policy.
LM
Ludwig von Mises

The Theory of Money and Credit

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