Murray N. Rothbard's most famous essay on monetary theory. Buffoonish and evil politicians, the banking cartel, the cabal that established the Federal Reserve, Lincoln's greenbacks, FDR's stealing of the gold, the Fed and the Great Depression, and so much more. Narrated by Jeff Riggenbach. Includes "The Case for a 100% Gold Dollar" by Murray N. Rothbard
Rothbard shows precisely how banks create money out of thin air and how the central bank, backed by government power, allows them to get away with it. He shows how exchange rates and interest rates would work in a true free market. When it comes to describing the end of the gold standard, he is not content to describe the big trends. He names names and ferrets out all the interest groups involved.
Narrated by Jeff Riggenbach. Includes "The Case for a 100% Gold Dollar" by Murray N. Rothbard
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