Nicolaus Copernicus: Depreciation

Posted by admin on Saturday, February 19, 2022

Nicolaus Copernicus Money Quote saying that countries suffer from currency depreciation when excesses are in circulation. Nicolaus Copernicus said:

depreciation of their circulating currency, through its excessive quantity Quote

“Nations are not ruined by one act of violence, but gradually and in an almost imperceptible manner by the depreciation of their circulating currency, through its excessive quantity” — Nicolaus Copernicus

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Nicolaus Copernicus: Depreciation

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