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To: pater tenebrarum who wrote (110334)6/26/2001 10:18:31 PM
From: John Madarasz  Read Replies (1) | Respond to of 436258
 
lol! bbbbrrrrrr



To: pater tenebrarum who wrote (110334)6/26/2001 10:38:13 PM
From: Don Lloyd  Read Replies (2) | Respond to of 436258
 
hb -

econlib.org

Mises, Theory of Money and Credit, Monetary Policy/Inflationism pg 256, 1912

"...Of course, the real difficulty does not lie in the fact that a progressive diminution of the value of money must soon reach amounts so small that they would no longer meet the requirements of commerce. Since the decimal system of calculation is customary in the majority of present-day monetary systems, even the more stupid sections of the public would find no difficulty in the new reckoning when a system of higher units was adopted. ..."

This proves that even von Mises wasn't omniscient enough to predict the end of the century American Public School.

Regards, Don