The Case Against the Fed

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The Case Against the Fed

  • The Case Against the Fed by Murray N. Rothbard

Tags The FedMoney and Banks

12/08/2015Murray N. Rothbard

Rothbard provides a succinct account of the origins of money, showing how money must originate from a commodity. Banking originated from goldsmiths, who issued warehouse receipts for gold deposited with them. From this a fractional reserve system developed, inherently prone to monetary expansion and panic. Read by Dr. Floy Lilley.

Download the complete audio book (25 MP3 files) in one zip file. 

Note: The views expressed on are not necessarily those of the Mises Institute.
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