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2+ hour, 16+ min ago   (198+ words) Writing in 1991, Rothbard sets the essay in its original context: Bretton Woods as an international dollar standard masquerading as a gold standard. He contrasts it with the classical pre-1914 system, in which every currency was a defined weight of gold…...

57+ min ago   (184+ words) The transition problem. Rothbard weighs forcing deflation down to the existing gold stock against raising the gold price to match the dollar supply, defends deflation against its reputation, and sets out a six-point program. He parts with Mises and Hazlitt…...

1+ hour, 53+ min ago   (193+ words) Rothbard argues that 1931–33 was the last step in a long process rather than a sudden break. Government’s compulsory monopoly of coinage came first, defended by fears of private fraud that the long record of official debasement makes hollow. He answers…...

1+ hour, 3+ min ago   (183+ words) Rothbard places the 100 percent program in the classical economists and the currency school, and in the Jeffersonian and Jacksonian political tradition—figures he argues historians have miscast as economically ignorant agrarians. He credits Condy Raguet with seeing before the British…...

1+ hour, 12+ min ago   (194+ words) Leland Yeager, an advocate of freely fluctuating fiat money, concedes that a 100 percent gold standard would end reserve drains, forced contraction, and balance-of-payments anxiety—problems he attributes to fractional reserves rather than to gold. Rothbard quotes him at length, asks…...

1+ hour, 41+ min ago   (141+ words) Why governments prefer money creation to taxation: the benefits are plain to whoever receives the new money first, while the losses stay hidden from everyone else. Rothbard traces how the two natural checks on a bank—redemption by outsiders and…...

1+ hour, 35+ min ago   (196+ words) The cardinal difference between Rothbard and most other gold advocates. He rejects the Chicago School’s view of 100 percent reserves as a convenient tool for managing the money supply, grounding his case instead in property rights: notes and deposits are warehouse…...

1+ hour, 24+ min ago   (195+ words) The standard objections, taken in turn. If banks could not profit under 100 percent reserves, they may charge for their services as every other useful business does. And the fear of an inadequate money supply misses the classical lesson that any…...

33+ min ago   (116+ words) Dr. Anthony Fauci’s appearance before the Senate Homeland Security and Governmental Affairs Committee last week quickly stalled when, in his opening statement, Fauci invoked his Fifth Amendment... Why Fauci’s Refusal To Answer Congress Posted By: Christopher L, 8/5/2026 1:54:13 PM…...

18+ min ago   (289+ words) “ABC’s opposition to the MRC petition effectively boils down to a ‘squatters rights’ argument,” wrote MRC President David Bozell. “Someone else may own the property, have the statutory right to license the property, and bear the responsibility to ensure the…...