2 ms·
Sound money destroys entrepreneurialism. Rather than investors taking risks to ensure a return for the future, they rely on the government to create risk-free
by QuesnayJr 7y ago
Sound money destroys entrepreneurialism. Rather than investors taking risks to ensure a return for the future, they rely on the government to create risk-free investments for them.
The German economy recovered from hyperinflation, and was booming by the end of the twenties, only to be taken down by the Great Depression. Under Hitler, they abandoned the gold standard, and their economy recovered.