Joseph Salerno Quotes

• Government is an inherently inflationary institution and will ever remain so until it is dispossessed of its monopoly of the supply of money.

  Joseph Salerno

  Government, Monopoly, Institutions

  6 Copy quote

• It is precisely through falling prices that the fruits of increased productivity and economic growth are spread throughout the market economy.

  Joseph Salerno

  Fall, Growth, Fruit

  7 Copy quote

• The market insures that any quantity of money is capable of performing all the work required of a medium of exchange by adjusting its purchasing power to the underlying conditions of supply and demand.

  Joseph Salerno

  Demand, Adjusting, Purchasing Power

  7 Copy quote

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