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
Moonwalking with Einstein
Mistakes Were Made (But Not By Me)
The World That Wasn't
The Origins of Virtue
The Politics Industry
Chapterhouse: Dune
Beyond The Blue
Parfit
The Case for Nationalism
How Asia Works
The Butterfly Defect
Healthy Buildings
The Richest Man in Babylon
Letters from a Stoic
Creating Shareholder Value
Mother of God
The Etymologicon
That Will Never Work
The Holy Bible
The Spectator
A Story Lately Told
#AskGaryVee
This Brave New World
Tao Te Ching
Execution
The Narrow Corridor
On Immunity
The Story of Civilization: The Age of Voltaire
Hard Drive
Class Warfare
Merchants of Truth
Grass Farmers
Distress
Great Short Poems
Roger Ailes: Off Camera
Twelve Against The Gods
Concentrated Investing
Thus Spoke the Plant
The Dog Stars
Makers
Different
Central Banking 101
The Oz Principle
The Romance of American Communism
The Medici Effect
Call of the Reed Warbler
The Model Thinker
The Rise And Fall Of American Growth
If I Could Tell You Just One Thing
I am Anne Frank
Ordinary Men
The Nature of the Beast
Carrying The Fire
Hateship, Friendship, Courtship, Loveship, Marriage
A Sense of Where You Are
The Essays of Warren Buffett
Active Inference
Determined
The Essential Wooden
I Love Capitalism
Creativity, Inc.
The Picture of Dorian Gray
How to Change Your Mind
Immortality
The Civil Rights Era
Too Big to Fail
The Tyranny of Experts
Alice in Wonderland
The Painted Bird
Crash Proof 2.0
American Buffalo
The Big Ship and Little Digger
The Half-Life of Facts
No Applause - Just Throw Money
A Cure for the Common Company
The Ascent of Money
Hillbilly Elegy
The Formula
Cuckoo
Personal Memoirs of U.S. Grant
The Visual Display of Quantitative Information
The Robotics Primer
Presidents of War
The Decline and Fall of the Roman Empire
Play It Away
Excession
The Culture of Narcissism
Markings
The Fourth Revolution
The Amazing Adventures of Kavalier and Clay
Impromptu
Liar's Poker
The Fortunes of Africa
Dynasty
Courage
Essays In Persuasion
The Sixth Extinction
Nixonland
The Innovators Dilemma
Masters of Doom