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How Governments Seized Control of Money

Audio Mises Wire

Tags Money and BanksWorld History

12/15/2021Ryan McMaken

It took many centuries for regimes to secure the sort of prestige and power necessary to claim a monopoly over money. From the state's perspective, it has been worth it.

Original Article: "How Governments Seized Control of Money"

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Ryan McMaken (@ryanmcmaken) is a senior editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power and Market, but read article guidelines first. Ryan has a bachelor's degree in economics and a master's degree in public policy and international relations from the University of Colorado. He was a housing economist for the State of Colorado. He is the author of Commie Cowboys: The Bourgeoisie and the Nation-State in the Western Genre.

Original Article: 
How Governments Seized Control of Money
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