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What Has Government Done to Our Money?
- and The Case for a 100 Percent Gold Dollar
- Narrated by: Jeff Riggenbach
- Length: 5 hrs and 12 mins
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What Has Government Done to Our Money?
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Summary
The Mises Institute is pleased to present this audio edition of Rothbard's most famous monetary essay - the one that has influenced two generations of economists, investors, and business professionals. The Mises Institute has united this book with its natural complement: a detailed reform proposal for a 100 percent gold dollar. "The Case for a 100 Percent Gold Dollar" was written a decade before the last vestiges of the gold standard were abolished. Rothbard's unique plan for making the dollar sound again still holds up. Some people have said that Rothbard tells us what is wrong with money but not what to do about it. Well, with the addition of this essay, the problem and the answer are united in a comprehensive whole.
After presenting the basics of money and banking theory, Rothbard traces the decline of the dollar from the 18th century to the present and provides lucid critiques of central banking, New Deal monetary policy, Nixonian fiat money, and fixed exchange rates. He also provides a blueprint for a return to a 100 percent reserve gold standard. The book made huge theoretical advances. Rothbard was the first to prove that the government, and only the government, can destroy money on a mass scale, and he showed exactly how they go about this dirty deed. But just as importantly, it is beautifully written. He tells a thrilling story because he loves the subject so much.The passion that Murray Rothbard feels for the topic comes through in the prose and transfers to the reader. Readers become excited about the subject and tell others. Students tell professors. Some, like the great Ron Paul of Texas, have even run for political office after having read it.
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- Gio
- 08-05-22
Brilliant
A well structured easy to understand concept of what money is and the importance of it having an anchor.
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- Anonymous User
- 16-01-21
Great historic breakdown!
the years around 1968-1972 were very interesting. the amount of effort that was put in to create separate gold prices is astonishing.
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Overall5 out of 5 stars
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- Onyi
- 22-11-21
Exceptional!
This is an excellent portrayal of the negative effects of government intervention in money and the free market. Writing in November 2021, it becomes apparent why government has to continually meddle with money to gain control...see covid measures and climate measures.
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- JayTe
- 11-07-16
Excellent case for the uninformed
Excellent case for the uninformed to learn why printing of money is just theft and why everyone should be against it.
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- Terence
- 04-05-20
Rigorous argument for a 100% gold standard
Describes in detail how banks and money work today and the journey that it took to get here.
A clear picture that government involvement in money and fractional reserving by banks is an unfair and inequitable process to those outside of the clique. A great fraud in plain sight.
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1 person found this helpful