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
The Seat of the Soul
If I Could Tell You Just One Thing
I Want To Be A Mathematician
Call Me by Your Name
A Timeless Way of Building
Self-Made Success
The Rise of Theodore Roosevelt
Hackers
The Soul of the World
Drawing Life
Natural
The Jewish Century
Too Big to Fail
The Brand Flip
Business Adventures
The Fall
Bad News
The Blazing World
Nobody Wants To Read Your Sh*t
Lessons
In the Heart of the Sea
The New Leadership Literacies
Humans Need Not Apply
No Bull
Without a Doubt
The Pattern Seekers
Walk in Their Shoes
This Time Is Different
The Forgotten Man
Heaven on Earth
Return to the Little Kingdom
Slugfest
Meditations
Law, Legislation, and Liberty
The Black Swan
The Player of Games
The Science of Liberty
Oh, The Place You’ll Go
The Innovator’s Solution
Ready Player One
Finite and Infinite Games
The Trial of Socrates
For A New Liberty
Permutation City
Permaculture: A Designer's Manual
The Elements of Style
Sapiens
The Hydrogen Sonata
In Cold Blood
The Invisible Gorilla
The Parasitic Mind
Bitcoin
BLITZ
Win Bigly
Revolution in The Valley
Job Stacking
Goethe’s Poems and Aphorisms
The Unbearable Lightness of Being
The Fry Chronicles
The Hard Thing About Hard Things
Zucked
Friday Forward
The Pleasure of Finding Things Out
The Silk Roads
Talking to Strangers
When The Wolves Bite
Turn the Ship Around!
Concorde
Poor Economics
Algorithms to Live By
Empire
Leading Without Authority
The Muqaddimah
Play It Away
The Fifteen Decisive Battles of the World
Blackout
Where are the Customers Yachts
Capital In The 21st Century
The Cancer Code
The Amazing Adventures of Kavalier and Clay
The New Market Wizards
Happy Accidents
Homo Deus
Breath From Salt
Neuromancer
The Paleo Solution
Fahrenheit 451
American Nations
The Subtle Art of Not Giving a F*ck
On The Move
The Method Method
The Blind Watchmaker
Andy Goldsworthy
Merchants of Truth
Grass Farmers
Billy Martin
White Fragility
Energy
Unsavory Truth
Speak Like Churchill, Stand Like Lincoln