Murray Rothbard - In his second Inaugural Address, on March 5, 1821, Monroe admitted at last to a ge...

Murray Rothbard Zitate

In his second Inaugural Address, on March 5, 1821, Monroe admitted at last to a general depression of prices, but only as a means of explaining the great decline in the federal revenue. Despite this, he asserted that the situation of America presented a 'gratifying spectacle.'

Murray Rothbard

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Deutsche Übersetzung

In seiner zweiten Antrittsrede am 5. März 1821 bekannte sich Monroe schließlich zu einer allgemeinen Preissenkung, jedoch nur als Erklärung für den großen Rückgang der Einnahmen des Bundes. Trotzdem behauptete er, dass die Situation in Amerika ein "erfreuliches Schauspiel" darstelle.

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