Friday, February 1, 2013

What Has Government Done to Our Money? and The Case for a 100 Percent Gold Dollar by: Murray N. Rothbard

A great book for the novice economist, not because of the content but because of the delivery of the subject matter.  You will come away with a solid understanding of what money is, how it came to be and remains today, as well as how the government monopolization of it has created many of the financial woes of today.  Rothbard is meticulous and relentless is pointing out how a gold standard is "THE" way.

The book is short, in actuality it is a collection of essays from his past.  I read the fifth edition and found it funny how he showed shock at gold prices being at $200.00 an ounce.  As of the writing of this review, the price of gold is more around $2,000.00 an ounce.    I find it interesting how people are so out of touch and uninformed of how are monetary system works.

I truly believe in the immortal words of Henry Ford when he said,

"If people understood the banking system they would revolt."

This is a great book if you are interested in understanding the banking and monetary system.  If you are interested in seeing how our present day politicians play us for fools, you need to read this book.  

Hardcover: 191 pages
Publisher: Ludwig von Mises Institute; 5th edition (September 20, 2005)
Language: English
ISBN-10: 0945466447
ISBN-13: 978-0945466444

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