en
Murray Rothbard

The Case Against the Fed

Meld me wanneer het boek is toegevoegd
Dit boek lezen upload een EPUB- of FB2-bestand naar Bookmate. Hoe kan ik een boek uploaden?
The Case Against the Fed takes a critical look at the United States Federal Reserve and central banks in general. It details the history of reserve banking and the influence that bankers have had on monetary policy over the last few centuries. The claim that the U.S. Federal Reserve is designed to fight inflation is proven false in this book,--in fact, it is price inflation which is caused only by an increase in the money supply, and since only banks increase the money supply, then banks, including the Federal Reserve, are the only source of inflation. First published in 1994, this book is more vital and relevant today than ever.
Dit boek is momenteel niet beschikbaar
153 afgedrukte pagina’s
Hebt u het al gelezen? Wat vindt u ervan?
👍👎

Impressies

  • Olaoluwa Adejumodeelde een impressievorig jaar
    👍De moeite van het lezen waard

    This is a very good book.

    It explains in details the flaws of Fractional reserve banking and how the Federal Reserve is the main cause of inflation and constant booms and bust it promise to fight.

Citaten

  • Olaoluwa Adejumociteerde uitvorig jaar
    The gold stock of the Fed should be revalued upward so that the gold can pay off all the Fed's liabilities—largely Federal Reserve Notes and Federal Reserve deposits, at 100 cents to the dollar. This means that the gold stock should be revalued such that 260 million gold ounces will be able to pay off $404 billion in Fed liabilities.
  • Olaoluwa Adejumociteerde uitvorig jaar
    A gold-coin standard, coupled with instant liquidation for any bank that fails to meet its contractual obligations, would bring about a free banking system so “hard” and sound, that any problem of inflationary credit or counterfeiting would be minimal.
  • Olaoluwa Adejumociteerde uitvorig jaar
    That role, in fact, is the very purpose of its existence: to cartelize the private commercial banks, and to help them inflate money and credit together, pumping in reserves to the banks, and bailing them out if they get into trouble.

Op de boekenplanken

  • Gosha Arinich
    Ancap
    • 12
fb2epub
Sleep je bestanden hiernaartoe (maximaal 5 per keer)