Saturday, May 5, 2012

Ralph Musgrave — Benjamin Franklin’s arguments for increasing America’s money supply


Good summary of Ben's main points in "The Nature and Necessity of a Paper-Currency," which Roger Erickson mentioned here. Roger's post is a must-read if you missed it, btw.

Read it at Ralphonomics

Benjamin Franklin’s arguments for increasing America’s money supply
by Ralph Musgrave

1 comment:

Adam1 said...

The Phili FED did a great summary of Ben's fiat currency writings...

http://www.philadelphiafed.org/publications/economic-education/ben-franklin-and-paper-money-economy.pdf

I could have sworn I got this link from this site, but maybe not.