The Economics of Legal Tender Laws
![Mises University](https://cdn.mises.org/styles/responsive_4_3_650w/s3/static-page/img/Mises%20University%2020140603_750x516_0.jpg.webp?itok=Ocg7tg4p 650w,https://cdn.mises.org/styles/responsive_4_3_870w/s3/static-page/img/Mises%20University%2020140603_750x516_0.jpg.webp?itok=VLiae4Ei 870w,https://cdn.mises.org/styles/responsive_4_3_1090w/s3/static-page/img/Mises%20University%2020140603_750x516_0.jpg.webp?itok=hlkkSfD3 1090w,https://cdn.mises.org/styles/responsive_4_3_1310w/s3/static-page/img/Mises%20University%2020140603_750x516_0.jpg.webp?itok=6h2wQCgD 1310w,https://cdn.mises.org/styles/responsive_4_3_1530w/s3/static-page/img/Mises%20University%2020140603_750x516_0.jpg.webp?itok=l5jeUrpe 1530w)
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 at Mises University 2010.
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 at Mises University 2010.