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Title: Preposterous!
Review: The underlying theme in this pamphlet by Murray Rothbard of the Australian School of Economics, is that the Federal Resereve should be abolished and we should return to a gold standard.Clearly this so-called economist has overlooked two very important things...1. Without the Federal Reserve, how would Citi et al and JP Morgan et al make any money?2. What would stop the so called "free market" from being exploited by greedy miners who would inflate the production & supply of gold so quickly that we would experience hyperinflation and a complete breakdown of the currency?Verdict: Poorly thought out arguments Mr Rothbard.
