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
Focus
The Prophet
Masters of Doom
The Professor in the Cage
Life on the Edge
Waiting for Godot
Lateral Thinking
The Sketchbooks of Chris Wilkinson
Work Hard. Be Nice.
What Do You Care What Other People Think?
Big World, Small Planet
Where The Wild Things Are
Eating to Extinction
The Spectator
One Monster After Another
Wonderworks
Tragedy and Hope
Sex, Ecology, Spirituality
A Brief History of Time
Rick and Morty Book One
Black Flags
Pale Rider
Hooked
For The Love Of Physics
The Boy Who Harnessed The Wind
The Man Who Invented Fidel
The Cost Of Hope
America's War for the Greater Middle East
Chaos
The Celestine Prophecy
Between The World And Me
She Said
Plagues and Peoples
How The West Grew Rich
Competing Against Luck
Consolations
Survival to Thrival
Mother of God
Believe Me
These Truths
Gay Like Me
Dealers of Lightning
Lake Success
The Holy Bible
Journey to the Center of the Earth
Bend The Curve
The Price We Pay
Broken Money
Setting The Table
Fallout
Race and Culture
Snow Crash
The Fabric of Reality
Mismatch
Origins of Political Order
Diffusion of Innovations
Frisco Kid
The New Penguin Atlas of Ancient History
Margin of Safety
The Social Animal
Mohammed and Charlemagne
Contrarian Investment Strategies
Hit Men
No Easy Day
Every Life Is On Fire
Creativity, Inc.
Graphs, Maps, Trees
The Sports Gene
Wake Up: Why The World Has Gone Nuts
Fast Food Nation
The Third Pillar
Parents Who Lead
Lean Thinking
Consciousness Medicine
Hidden Potential
Why Wages Rise
Lord of Light
Creating Shareholder Value
Beating The Street
The Soul of A New Machine
The Jungle Grows Back
The Breakthrough
Tao Te Ching
Count Down
The Snow Leopard
UFO Hunters
The Rise of Superman
The Best We Could Do
Lean Solutions
Mindset
Founding Brothers
Fortune's Formula
Zoning Rules!
Working Backwards
Foundation's Edge
Clearing The Air
Super Maker
Resistance (At All Costs)
Hold 'em Poker
Science and Method