6. What's Wrong with This Way of Thinking? The value of today's dollar is only one-fourth of...

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6. What's Wrong with This Way of Thinking?

"The value of today's dollar is only one-fourth of what it was in 1 940. Five years from now it will be worth only 20 cents. \Ve cannot maintain our standard of living when the value of our currency is declining so rapidly."

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Economics Private And Public Choice

ISBN: 9780123110404

2nd Edition

Authors: James D Gwartney; Richard Stroup; A H Studenmund

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