The Mystery of Banking is a great expert analysis of the modern fractional-reserve banking system and its origins-how it is unstable, how it exacerbates business cycles, and how it causes inflation. This book lays out the devastating effects of this most common form of banking on the lives of every man, woman, and child.
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The Mystery of Banking is a great expert analysis of the modern fractional-reserve banking system and its origins-how it is unstable, how it exacerbates business cycles, and how it causes inflation. This book lays out the devastating effects of this most common form of banking on the lives of every man, woman, and child.
Read Less
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Seller's Description:
First edition of this work which explains the modern fractional-reserve banking system and its origins. Octavo, original boards. Fine in a very good dust jacket with some light wear. "Murray Rothbard s The Mystery of Banking continues to be the only book that clearly and concisely explains the modern fractional reserve banking system" (Douglas French). Joseph Salerno writes, "It is institutional economics at its best. In this book, the institution under scrutiny is central banking as historically embodied in the Federal Reserve System the Fed for short the central bank of the United States."
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
First edition of this work which explains the modern fractional-reserve banking system and its origins. Octavo, original boards. Boldly signed by Murray Rothbard on the title page. Fine in a near fine dust jacket with some light wear. Housed in a custom half morocco clamshell box. Rare signed. Murray Rothbard s The Mystery of Banking continues to be the only book that clearly and concisely explains the modern fractional reserve banking system" (Douglas French). Joseph Salerno writes, "It is institutional economics at its best. In this book, the institution under scrutiny is central banking as historically embodied in the Federal Reserve System the Fed for short the central bank of the United States.
