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What Has Government Done to Our Money

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Title: What Has Government Done to Our Money
by Murray N. Rothbard, Murray N. Rothbard
ISBN: 0-945466-10-2
Publisher: Laissez Faire Books
Pub. Date: December, 1990
Format: Paperback
Volumes: 1
List Price(USD): $6.95
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Average Customer Rating: 4.33 (18 reviews)

Customer Reviews

Rating: 5
Summary: Impeccable for what it is !
Comment: This book should be REQUIRED reading at the high school level if not earlier. There is hardly any clearer explanation of money (real) and the fiat system that we now suffer under. I have read much the same thing in other books, usually covered in one chapter as part of a larger subject (such as the workings of the FED), but this short tome covers the subject without any fluff, yet thoroughly enough to give the beginner a sound grounding. It was a good refresher for myself. Mr.Rothbard's arguments for sound money are of impeccable logic. His call for a return to gold is now a cry in the wilderness, for most Americans, and apparently some Australians have been so brainwashed in hardly more than a generation that they are willing to accept their fate under a false system. I only wish that Mr. Rothbard had given more historical parallels in his book. As I recall, Roman money was being debased during their decline! All in all, this is a book not to be missed. And I highly recommend any of Rothbard's works.

Rating: 5
Summary: Rothbard's argument for honest money is unassailable
Comment: This book is a rarity: an economics book you won't want to put down. Rothbard patiently guides us all the way from the origins of money in the ancient past to the present-day monetary system. No rational person can read this book and still believe in the alleged virtues of fiat money.

Rating: 4
Summary: Liberty Classic
Comment: In the course of five decades the world has gone through many disasters and catastrophes. The policies that brought about these unfortunate events have also affected the nation's currency systems. Sound money gave way to progressive depreciating fiat money. All countries in the world vexed by inflation and treatened by the gloomy prospects of a complete breakdown of their currencies. The great inflations of our age are not act of God. They are man-made or government-made; ascribed to governments the magic of power creating wealth out of nothing and of making people happy by raising the "national income".Sound economics had been prognosticated by inflationist and expansionist who refused to take correct daignosis of the monetary reconstruction...

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