Wednesday, January 7, 2015

Salerno on Rothbard's THE MYSTERY OF BANKING

Here is Joseph Salerno's nice introduction of Murray Rothbard's The Mystery of Banking.

I concur that The Mystery of Banking is an excellent introduction to monetary theory, how fractional reserve banking affects the quantity of money and its purchasing power, and the monetary history of the United States. In fact, if you come to Grove City College to study economics, you will use it as the main text in our Money and Banking course.

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