On the record
Fluctuation, however, in the paper value of the measure of all values (gold) is detrimental to the interests of trade.
Source
gutenberg.orgUlysses S. Grant: “Fluctuation, however, in the paper value of the measure of all values (gold) is detrimental to the interests of trade.”
Editor's note · Context
Grant notes that fluctuations in currency value negatively impact business interests.
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