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Yorick de Mombynes
@ydemombynes
My 116 favorite quotes from Money: Sound and Unsound, by Joseph.T. Salerno (2015)
@jtsale @mises #AustrianEconomics #SoundMoney
1. “The idea of sound #money was present from the very beginning of modern monetary theory in the works of the 16th-century Spanish #Scholastics who argued against debasement of the coinage by the king on ethical and economic grounds”
J.T.Salerno
2. “It was #Fisher and not #Keynes who was the true founder of modern macroeconomics with its aggregative reasoning and its central notion of politically managed fiat money”
J.T.Salerno
Read 118 tweets

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#SoundMoney #Greenspan #Turgot #gold #Fed #monetarism #Mises #Keynes #Scholastics #taxation #war #Fisher #Currency #fascist #inflation #AustrianEconomics #monetarist #hyperinflation #vonMises #inflations #money #Hayek #Menger #Rothbard

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