It is commonly overlooked that the decline of the family as an institution is caused in part by fiat inflation. Perennial inflation slowly but assuredly destroys the family, thus suffocating the earthly flame of morals.
In this 32-minute talk, Jörg Guido Hülsmann examines and summarizes Mises's insights and innovations in understanding money, its origins, and its purposes. Presented at the 2011 Supporters Summit in Vienna, Austria, on 20 September 2011. Includes an introduction by Douglas E. French.