Murray N. Rothbard
Contents
- Introduction: Money and Politics
- The Genesis of Money
- What is the Optimum Quantity of Money?
- Monetary Inflation and Counterfeiting
- Legalized Counterfeiting
- Loan Banking
- Deposit Banking
- Problems for the Fractional-Reserve Banker: The Criminal Law
- Problems for the Fractional-Reserve Banker: Insolvency
- Booms and Busts
- Types of Warehouse Receipts
- Enter the Central Bank
- Easing the Limits on Bank Credit Expansion
- The Central Bank Buys Assets
- Origins of the Federal Reserve: The Advent of the National Banking System
- Origins of the Federal Reserve: Wall Street Discontent
- Putting Cartelization Across: The Progressive Line
- Putting a Central Bank Across: Manipulating a Movement, 1897-1902
- The Central Bank Movement Revives, 1906-1910
- Culmination at Jekyll Island
- The Fed at Last: Morgan-Controlled Inflation
- The New Deal and the Displacement of the Morgans
- Deposit "Insurance"
- How the Fed Rules and Inflates
- What Can Be Done?
- Index
The Ludwig von Mises Institute
acknowledges with gratitude the generosity of Mr. Doug Casey and the
Eugene B. Casey Foundation and the Hon. Ron Paul and CTAF, Inc., who
made the publication of this book possible.
Copyright © 1994 by Murray N. Rothbard
All rights reserved. Written permission must be secured from the
publisher to use or reproduce any part of this book, except for brief
quotations in critical reviews or articles.
Published by the Ludwig von Mises Institute,
Auburn, Alabama 36849-5301.
Library of Congress Catalog Card Number: 94-073591
ISBN: 0-945466-17-X