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The Notion of Neutral Money

  • Audio Mises Daily
November 4, 2009

Tags Money and BanksCapital and Interest TheoryValue and Exchange

The notion of a neutral money is no less contradictory than that of a money of stable purchasing power. Money without a driving force of its own would not, as people assume, be a perfect money; it would not be money at all, writes Ludwig von Mises (1881–1973).

This audio Mises Daily is narrated by Jeff Riggenbach.

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