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Posts Tagged: “Monetary History“
New Evidence Expands the History of Hyperinflation
Hyperinflation is perhaps the best way to destroy a nation, short of bombing it. While it’s uncommon, new scholarship shows that hyperinflation has ravaged economies at least 71 times throughout history, which is more than monetary interventionists care to admit. The following article was originally published by the Mises Institute. The opinions expressed do not […]
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From Private Money to State Power: The Evolution of Currency Control
The Austrian School of Economics demonstrates how money can emerge organically from trade and does not require a government to create or manage it. The reality is that, once governments grow large enough, they seek out control of money to further fund and finance their nefarious ends.
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