The Case Against the Fed

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The Case Against the Fed is a 1994 book by Murray N. Rothbard taking a critical look at the United States Federal Reserve, fractional reserve banking, and central banks in general. It details the history of fractional reserve banking and the influence that bankers have had on monetary policy over the last few centuries.

Rothbard argues that the claim that the Federal Reserve is designed to fight inflation is sophistry, that price inflation is caused only by an increase in the money supply, and that since only banks increase the money supply, then banks, including the Federal Reserve, are the only source of inflation.

Video The Case Against the Fed

See also

• Austrian Business Cycle Theory
• Gold standard

Maps The Case Against the Fed

References

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External links

• The Case Against the Fed - Full Text pdf file
• The Case Against the Fed - Google Books
• The Case Against the Fed - Free Audio Books

Source of article : Wikipedia