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- originalFile: 893-inflation-or-gold-standard.pdf
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- docReferenceNumber: 893
- correspondenceFrom:
- author: Hans G. Sennholz
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1.00
Inflation, or
(iold Standard?·
by
Prof. Hans F. Sennholz
Published by
Bramble Minibooks
111-73
Perils of Inflation
What Inflation Is
It is not money, as is sometimes said, but the
depreciation of money - the cruel and crafty de
struction of money - that is the root of many evils.
It destroys individual thrift and self-reliance as it
gradually erodes personal savings. It benefits deb
tors at the expense of creditors as it silently trans
fers wealth and...
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893-Inflation, or Gold Standard?.pdf