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
Little Brother
Dream Yoga
The Language Instinct
Breath
The Confessions
Maybe You Should Talk To Someone
Hatching Twitter
The German Generals Talk
Catch-22
Your Symphony of Selves
Quality of Earnings
Stuff and Nonsense
The Fish That Ate The Whale
Paradigms
Very Good, Jeeves
Going Infinite
Self Reliance
Race Against The Machine
Acts of Love
Mountains Beyond Mountains
Born to Run
Without Their Permission
Childhood and Society
Empire of the Summer Moon
Jesse Livermore - Boy Plunger
The Big Ship and Little Digger
Writing Down The Bones
Discourses on Livy
Biography of the Dollar
What You Do Is Who You Are
Irresistible
The Experience Machine
99% True
The New New Thing
The Butterfly Defect
In Search of Lost Time
The Greatness Mindset
V for Vendetta
An Unquiet Mind
Mr. Penumbra's 24-Hour Bookstore
Goethe’s Poems and Aphorisms
The Gray Lady Winked
Winning
An American Marriage
Zen Mind, Beginners Mind
The Amazing Adventures of Kavalier and Clay
Essays and Lectures
The Myth of the Rational Voter
The Master Algorithm
The Cultural Cold War
Super Maker
Start With Why
Trick Mirror
The Marked Children
Becoming Steve Jobs
DeMark Indicators
A Walk in the Woods
Dark Towers
Bravey
Slaughterhouse-Five
The Mind Doesn't Work That Way
The Man Who Knew Infinity
The Journey of Crazy Horse
On Intelligence
An Everyone Culture
When I Say No, I Feel Guilty
The Terminal List
Three Scientists and Their Gods
Eat a Peach
The Intelligent Investor
Dealers of Lightning
Food of the Gods
Monsoon
The Wright Brothers
The Discovery of France
Meditation Station
The Harmless People
Dear Chairman: Boardroom Battles and the Rise of Shareholder Activism
Mastering The Market Cycle
Welcome to Your Brain
The Subtle Knife
Conspiracy of Fools
Poor Economics
Hidden Repression
Rework
Black Flags
A Brief History of Time
Teddy and Booker T.
The Infinite Game
When
Physics from Finance
Elon Musk
Olives
Sex, Drugs, and Rock 'n' Roll
Political Tribes
Turn the Ship Around!
Fiasco
The Coaching Habit
Taxes Have Consequences
The Blank Slate