The Ethics of Money Production: Accessible and Wise

“The whole problem with money is the state’s imposition of legal privileges for bankers, given in return for the promise that they will always soak up the debts of politicians. This enables politicians to enslave their populations over time in a Procrustean bed of warfare and welfare, to the ultimate benefit of the politicians and their friends, and to the detriment of everyone else.”

https://mises.org/library/ethics-money-production-accessible-and-wise

SEE:

The Ethics of Money Production–Video

 

Book: The Ethics of Money Production

 

How Fiat Money Destroys Culture–Guido Hülsmann

 

Part of interview of Guido Hülsmann on “Cultural and Spiritual Legacy of Fiat Inflation”