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Mises Institute
Mises Institute
22 Aug 2025

Why Rothbard Thought the Fed Eliminated Market Safeguards Against Bank Inflation

https://am1.news/usconservative/topic/fq/6-slug-why-rothbard-thought-the-fed-eliminated-market-safeguards-against-bank-inflation
NextImg:Why Rothbard Thought the Fed Eliminated Market Safeguards Against Bank Inflation

In his underappreciated work The Mystery of Banking, Murray Rothbard first explained how a regime of "free banking" would put strict limits on the ability of

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