The Economics of Legal Tender Laws
Advanced lecture on the origins of fiat money systems, explaining the transition from commodity money to commercial bank notes and deposits, and from there to fiat money. Recorded 31 July 2010 in Auburn, Alabama. [59:01]
From: Mises University 2010 , Saturday, July 31, 2010 by Jörg Guido Hülsmann
Available for download as Mp3 .
