What Has Government Done to Our Money? Booklet by Rothbard, Murray N

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Rothbard's primer on money and government.
Innumerable economists, investors, commentators, and authors have learned from this book through the decades. It remains the best book in print on the topic, a real manifesto of sound money.

Rothbard boils down the Austrian theory to its essentials. The book also made huge theoretical advances. Rothbard was the first to prove that the government, and only the government, can destroy money on a mass scale, and he showed exactly how they go about this dirty deed. But just as importantly, it is beautifully written. He tells a thrilling story because he loves the subject so much.

The passion that Murray feels for the topic comes through in the prose and transfers to the reader. Readers become excited about the subject, and tell others. Students tell professors. Some, like the great Ron Paul of Texas, have even run for political office after having read it.

Rothbard shows precisely how banks create money out of thin air and how t