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The Case Against the Fed
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The Case Against the Fed : ウィキペディア英語版
The Case Against the Fed

''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.〔(Foundation for Economic Education review )〕
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.
==See also==

* Austrian Business Cycle Theory
* Gold standard

抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)
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