What Has Government Done To Our Money?

Murray Rothbard

Recommended By

Book Synopsis

"What Has Government Done To Our Money?" by Murray Rothbard is a succinct and illuminating exploration of the harmful effects of government intervention on our monetary system. With unmatched clarity, Rothbard delves into the origins of money, outlining how it arises naturally as a medium for exchange, and how governments have historically distorted and manipulated this vital tool.

Rothbard exposes the damaging consequences of government's control over money, emphasizing the insidiousness of inflation and its erosion of purchasing power. He highlights how governments have abandoned the gold standard, substituting it with fiat currency, allowing for unprecedented manipulation and debasement.

Further, Rothbard exposes the fraudulent nature of central banking, emphasizing its inherent instability and propensity for privileging certain groups at the expense of others. He illustrates how the fractional reserve banking system enables banks to create money ex nihilo, leading to boom and bust cycles that harm the overall economy.

Rothbard devotes considerable attention to the role of government in perpetuating financial crises, demonstrating how its interventions exacerbate rather than mitigate economic problems. He presents a convincing case for a free market in money, advocating for the complete separation of money and state. Drawing on historical examples, he outlines how private production and competition in money issuance could restore stability and trust in our monetary system.

In this concise yet powerful work, Murray Rothbard forces readers to question the role and impact of government on money, offering a compelling argument for its removal from the equation. "What Has Government Done To Our Money?" is essential reading for anyone seeking a deeper understanding of the flaws and dangers inherent in our current monetary system and the benefits that could be achieved through its reform.

Explore More Books

See All
The Snowball
Bitcoin Billionaires
The Lizard King
Hug Your Haters
Siddhartha
Hackers and Painters
Billy Martin
The Innovator’s Solution
The Robert Collier Letter Book
Hunger of Memory
Reboot
The Path to Love
One Summer
Sexual Personae
The Gift of Adversity
Limping on Water
Adultery
Genius
San Fransicko
The Stopwatch Gang
The Wisdom of Life
Seeing Serena
Bad Blood
Consciousness Medicine
The Old Way
Ender's Shadow
Hell Yeah or No
The Contrary Farmer
The Evolution of Everything
Generations
The Printing Revolution in Early Modern Europe
Fauna & Family
Being You
Understanding Michael Porter
American Kingpin
The Muqaddimah
My Brother Ron
Farsighted
Ghost Fleet
Shook One
Getting Real
Good Calories, Bad Calories
Capital In The 21st Century
Conscious Business
Simon the Sea Cat
The Opposing Shore
The Accidental Universe
The Cost Of Hope
The Complete Calvin and Hobbes
Superhuman
The Woman I Wanted to Be
A Great Leap Forward?
BLITZ
The Case Against Sugar
How Trump Is Making Black America Great Again
Charged
The Discovery of France
The Undercover Economist
Naked Statistics
Lights Out
The Most Powerful Idea In The World
The Startup Community Way
Born Red
Getting Better
Concorde
How We Got To Now
Ending the War on Drugs
Self-Made Success
Sell with a Story
Darwin's Blind Spot
Trust Me, I'm Lying
On Writing
Sourdough Culture
Orwell's Revenge
The Halo Effect...
The Paleo Solution
Titan
Learned Optimism
Modelling Extremal Events
Delivering Happiness
The Three Marriages
A Shot To Save The World
The Great Revolt
The Prophet
On The Move
The Wages of Guilt
The Smartest Guys In The Room
Losing The Signal
The TB12 Method
Civilized to Death
The Kill Chain
The Sum of Us
Working in Public
Fallen Leaves
The Vital Question
The Wealth and Poverty of Nations
Job Stacking
The Alchemy of Air
Zorba the Greek
Modern Engineering for Design of Liquid Propellant Rocket Engines