The Case Against the Fed
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| The Case Against the Fed | |
| Author | Murray N. Rothbard |
|---|---|
| Country | United States |
| Language | English |
| Subject(s) | Economics, Money, Banking |
| Genre(s) | Non-fiction |
| Publisher | Ludwig Von Mises Institute |
| Publication date | September 4, 2007 |
| Media type | Paperback |
| Pages | 158 |
| ISBN | 978-0945466178 |
The Case Against the Fed is a book by Murray N. Rothbard criticizing the United State Federal Reserve, fractional reserve banking, and central banks in general. [1] It details the history of fractional reserve banking and the influence that bankers have had on monetary policy over the last few centuries.[2]
Rothbard claims that the notion that the Federal Reserve is designed to fight inflation is merely propaganda. He explains that since money supply inflation is only caused by an increase in the money supply, and only banks increase the money supply, then banks, including the Federal Reserve are the only source of money supply inflation.
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