What Has Government Done to Our Money?: (formerly, Money, Free and Unfree) |
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Common terms and phrases
artificially asset bank credit bank notes bank runs banking system bimetallic bullion cash balances Central Bank century circulation clients commodity consumers counterfeiting currency debasement debtors demand for money dollar economic effective exchange rate expansion Federal Reserve Federal Reserve System Fiat Money fiat paper foreign fractional-reserve banking fraud free market gold and silver gold as money gold coins gold or silver gold standard governmental grams Gresham's Law hoarding increase inflation inherently inflationary issue Jones keep legal tender laws medium of exchange ment metal monetary system money supply money-substitutes MURRAY N ounce of gold overvalued parallel standards payment permit pound sterling price of money private banks private coinage problem production pseudo-receipts purchasing power purchasing-power ratio redeem Rothbard sell simply social benefit supply of money tion token coins trade transactions TV set undervalued warehouse receipts worn coins