A Treatise on the Alteration of Money

Download or read book A Treatise on the Alteration of Money written by Juan de Mariana and published by Christian's Library Press. This book was released on 2011 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this treatise we find an insightful analysis concerning how monetary debasement and inflation increase prices, which proceeds to illustrate how such increases do not affect everyone equally-in effect, causing a revolution in fortunes. In a parallel argument, Mariana explains how government, if given control of other forms of private property, would also debase the values of those forms and use them according to its own interests.