"To defend the truth, to articulate it with humility and conviction, and to bear witness to it in life are therefore exacting and indispensable forms of charity."

H. H. Benedict XVI. Caritas in Veritate Encyclical. June 29, 2009

Wednesday, June 24, 2009

A recondite source of money supply

Not only coin minters or check issuers are money suppliers. Every single agent who is in disposition to sell the money he owns adds to the supply of money.

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