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
Machine Learning for Dummies
The Uterus Is a Feature, Not a Bug
Arctica
Something Incredibly Wonderful Happens
The History of Money
Triumph Of The City
The Transit of Venus
Alice's Adventures in Wonderland
Live Your Truth
The Story of Civilization: The Renaissance
The Economic Consequences of the Peace
A Short History of Financial Euphoria
The Sunday Philosophy Club
The Wealth of Nations
The Cost Disease
Rational Ritual
The Last Lecture
The Half-Life of Facts
Am I Being Too Subtle?
It's Garry Shandling's Book
The Fault in Our Stars
The Qur'an
Build The Life You Want
Right Thing, Right Now
The Gallic Wars
Means Of Ascent
The Warburgs
A Father First
Cosmos
The Dream Machine
Brute
The Reluctant Mr. Darwin
The New Leadership Literacies
No Bullshit Guide to Math and Physics
War Nerd
A Gentleman in Moscow
Tiny Habits
Warren Buffett
The Creative Society
Master Of The Game
Prime Movers of Globalization
Buddha's Brain
I Know Why the Caged Bird Sings
Too Dumb to Fail
Leapfrog
The Grid
The Serengeti Rules
A Thousand Splendid Suns
Catching the Big Fish
The Ascent of Money
Game Engine Black Book
How To Buy Stocks
The Art of Manipulation
Food and Nutrition
The Quiet American
Four Quartets
Netflixed
Notes From an Apocalypse
Prisoners of Geography
Awareness
Astrophysics for People In a Hurry
The Dice Man
The Happiness Hypothesis
The Upside of Inequality
The Fountainhead
The Individualists
Beyond Religion
Good Night, Little Bear
The Rape of Nanking
The Road
The Magic Of Reality
Swarm Troopers
Flying Start
The Money Game
Misbehaving
Not Zero
Homo Deus
The Tycoons
The Revolt of the Elites and the Betrayal of Democracy
Ultralight Backpackin' Tips
The Precariat
The Lives of the Artists
The Road to Serfdom
Life in the English Country House
Batman
Where Wizards Stay Up Late
Born Red
Gabriel Garcia Marquez
Way of the Warrior Kid 3
Buffett
Napoleon
Play It Away
Stalin's War
For A New Liberty
Radical Acceptance
Competition Demystified
Who We Are and How We Got Here
Nine Pints
Civilisation
Army Of None