Money and Freedom
Hans F. Sennholz
Introduction: Living on Borrowed Time
- A World Money Standard
- Gold and the Growth of International Debt
- Building Socialism with American Money
- The Balance-of-Trade Deficit
- Competing Currencies
I. The Causes of Economic Disintegration
- 1. The Money Monopoly: The Federal Reserve System
- Federal Reserve Independence
- Instability and Unemployment
- In the Service of Government Financing
- The Central Bank of the World
- A Vanguard of Socialism
- 2. Compulsory Money: Legal Tender Laws
- Government Power over Money
- Misleading Definitions
- No Inflation Without Legal Tender
- Legal Tender in the United States
II. False Solutions: Managed Money
- 3. The Monetarists
- False Solutions Build on Force
- Futile Search for Absolute Stability
- Fiat Expansion Causes Economic Instability
- Making Matters Worse
- 4. The Supply-Siders
- Price Rules for Gold
- Robert Mundell
- Arthur Laffer
- Jude Wanniski
- Congressman Jack Kemp
- 5. Advocates of Social Credit
III. Terminating the Money Monopoly
- 6. The Gold Standard
- Mutilation and Destruction
- Natural Qualities of Gold
- An International Standard
- Creation of Freedom
- 7. Beyond the Gold Standard
- 8. Free Money
Index