After presenting the basics of money and banking theory, Murray Rothbard traces the decline of the dollar from the 18th century to the present, and provides lucid critiques of central banking, New Deal monetary policy, Nixonian fiat money, and fixed exchange rates. He also provides a blueprint for a return to a 100 percent reserve gold standard.
NOTE: Because of time constraints, this particular excerpt from Chapter 2 does not contain Sections 12 and 13.
The entire audiobook (5 chapters, with a Preface by Jörg Guido Hülsmann) is available for free download in MP3 format at http://www.mises.org/media.aspx?action=category&ID=92.
You may also download a free PDF version of the book from http://www.mises.org/money.asp.
The book is available for purchase at http://www.mises.org/store/-P224C1.aspx.
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