I have become very interested in banking, finance, fiat
currency and more specifically exactly how the FED works. I am about 2/3 of the
way through Murray Rothbard’s The Mystery of Banking and am finding that
I have lots of questions and no one to answer them! I had previously heard of
the Ludwig von Mises Institute and I noticed that the book is published by the
institute, so I figure I’ll look here.
Is anyone on here into this topic as well?
Can someone suggest additional resources and/or sources?
If you'd like to get an understanding how how to FED functions, I'd suggest you visit KHANACADEMY.ORG and watch his videos under the FINANCE section. He goes into everything you need to know. You will learn all the processes and steps the government, fed, and others take.
If you want to deep study these theme (money, banking economic cycles)
- then read, at first, Menger - Principles of economics (chapter 8).Mises: Human Action chapter XVI-XX (it will be far better if you read all book)
Rothbard: What has government done to our moneyHayek: Prices and productionDe Soto Jesus Huerta: Money, bank credit and economic sycles.Hoppe: "How is fiat money possible?", "Against fiduciary media".
Additional reading:Bem Baverk: "Capita and interest." If
you want something less scientifical and less complicated - watch
"Money, banking, economic sycles"., read Rothbard's "Case against FED".
May be Rothbard's "History of money and banking in USA", some chapter's
from Haslit - economy in one lesson.
Hi Hannah, try the folowing link Money,Banking and the Federal Reserve. It is a documentary produced by the Austrians School, if you have further question feel free to contact me at email@example.com
Thank you for your interest in the Austrian School.