In the thankless task of opposing cheap money and inflation, and calling for a balanced price range and a cessation of all increases of bank notes, Mises was aided by his friend Wilhelm Rosenberg, a former student of Carl Menger and a famous lawyer and financial skilled. Along with operating up towards advocates of inflation, lower curiosity rates, and decrease alternate charges, Mises was shocked to face ferocious opposition by the central financial institution, the Austro-Hungarian Bank.
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Published on 2024/12/14
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