Mises Wire
Author:
Jim Fedako
Online Publish Date:
While watching the classic comedy Animal Crackers , I laughed as Groucho Marx — playing the character Captain Spaulding — engaged a gentleman named Chandler in a very funny Marxian discussion of inflation and fiat money: The nickel today is not what it was fifteen years ago. Do you know what this country needs today?...A seven-cent nickel.