What Has Government Done to Our Money? |
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LibraryThing Review
User Review - carterchristian1 - LibraryThingSuch a timely book, even the 1990 edition now that China is questioning the position of the US dollar in the world economy and as our financial world seems doomed. An especially useful section is the ... Read full review
LibraryThing Review
User Review - ServusLibri - LibraryThingRothbard’s masterwork is an extended essay and tour de force; a detailed description of the origins of money, its nature, and government’s sins against it. He originally published it in 1963, and then ... Read full review
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Common terms and phrases
$35 an ounce artificially bank notes bank's banking system bimetallic Bretton Woods Bretton Woods system Britain British pound bullion cash balances Central Bank century circulation classical gold standard clientele clients commodity consumers counterfeiting countries demand for money depreciated dollar economic economists effective exchange rates exports Federal Reserve Fiat Money fiat paper Fluctuating Fiat Currencies foreign fractional-reserve banking France fraud free market freely-fluctuating gold and silver gold coins Gold Exchange Standard gold or silver gold-exchange Gresham's Law hard money increase inflation Jones keep legal tender legal tender laws medium of exchange ment metal monetary system money supply money-substitutes Murray N ounce of gold overvalued permitted Phase pound sterling price level price of money private coinage problem purchasing power purchasing-power ratio redeemable in gold sell simply Smithsonian Agreement supply of money token coins trade transactions TV set undervalued United warehouse receipts weight worn coins