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By Establishing Real Money, Men Rule Out Its Debasement. -- Lewis E.
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By establishing real money, men rule out its debasement.
-- Lewis E. Lehrman
Related:
The value of money has an objective regulator only when it is linked to a real commodity, like gold, itself requiring the cost of human labor to be produced.
By comparison, the value of inconvertible paper money has no objective regulator, its marginal cost of production being nearly zero....
The implied convertibility between a unit of real money produced by labor and an article of wealth created by human labor for the market must be assured.
Therefore, the value of the monetary unit should have a real objective regulator....
Money, therefore, if it is to be anything, must be at least an efficient and trustworthy instrument by which working people accumulate savings.
-- Lewis E. Lehrnma...
Beer wouldn't waste its money on men's magazine. -- Men vs. Bee
Well, the handwriting is on the floor. -- Joe E. Lewi
Real men don't need glasses. They just drink out of the bottle.
Earth men are real men!
The office of government is not to confer happiness, but to give men the opportunity to work out happiness for themselves.
-- W. E. Channing...