Gabriel Biel: On the Power and Utility of Moneys (1495)

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Chapter 12 in A Source Book on Early Monetary Thought, 2020, pp 89-95 from Edward Elgar Publishing

Abstract: 4,400 words. Biel recognizes that increasing the money supply causes the purchasing power of money to fall. He condemns government inflation of the money supply, and argues that inflating benefits government at the expense of the people.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2020
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