There was a problem sending you an sms. Check your phone number or try again later.
To get Scribd mobile enter your number and we'll send you a link to the Scribd app for iPhone & Android.We've sent a link to the Scribd app. If you didn't receive it, try again.
Text me
We'll never share your phone number.
Sections
II
Money in a Free Society
1. The Value of Exchange
2. Barter
3. Indirect Exchange
4. Benefits of Money
5. The Monetary Unit
6. The Shape of Money
7. Private Coinage
9. The Problem of "Hoarding"
10. Stabilize the Price Level?
11. Coexisting Moneys
12. Money Warehouses
III
Government Meddling With Money
1. The Revenue of Government
2. The Economic Effects of Inflation
3. Compulsory Monopoly of the Mint
4. Debasement
5. Gresham's Law and Coinage
6. Summary:
Government and Coinage
7. Permitting Banks to Refuse Payment
8. Central Banking:
Removing the Checks on Inflation
10. Going off the Gold Standard
11. Fiat Money and the Gold Problem
12. Fiat Money and Gresham's Law
13. Government and Money
IV
The Monetary Breakdown of the West
1. Phase I:
The Classical Gold Standard, 1815-1914
2. Phase II:
World War I and After
4. Phase IV: Fluctuating Fiat Currencies, 1931-1945
8. Phase VIII: The Smithsonian Agreement,
December 1971 -February 1973
9. Phase IX: Fluctuating Fiat Currencies, March 1973 -?