Guido Hülsmann on The Ethics of Money Production
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Guido Hülsmann’s The Ethics of Money Production is a masterclass both on the fundamentals of money and the disastrous moral consequences of monetary “policy.” Inflation is not only an economic problem which impoverishes us materially, but a deeply corrosive force in society for individuals. There is no better work to explain the broader implications of central banking which go almost totally unremarked in the financial press.
Podcaster Stephan Livera is a big fan of the book and joins the show to explain why you need to read it.
Guido Hülsmann’s The Ethics of Money Production: Mises.org/Ethics
Listen to Stephan’s podcast at StephanLivera.com