The Mystery Of Banking by Murray N. Rothbard
A concise, historical and theoretical account of how money and banking evolved from primitive commodity exchange to modern fiat systems, explaining how fractional-reserve banking and central banking enable banks to create credit and expand the money supply, produce inflation and periodic business cycles, and distort investment through malinvestment; the work traces key episodes in monetary history, critiques government intervention and central-bank monopolies, and argues for a return to market-based, sound-money arrangements to prevent monetary manipulation and protect savers.
Purchase from
Bookshop.org
- Published
- 1983
- Nationality
- American
- Length
- Unknown
- Pages
- Unknown
- Original Language
- English
- Avg User Rating
- No ratings yet
- Alternate Titles
- None
This book is not currently on any lists.