What if “hoarding” money is both realizing its most important utility, and stabilizing in an uncertain economy?  If true, how could the exact opposite belief be so widespread?  Don’t miss our read from Hans Hermann Hoppe on Mises.org to find out more!
Check out the full article plus an exhaustive collection of economic theory at Mises.org:https://mises.org/library/yield-money-held-reconsidered
 
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