Money and Freedom by Hans E.Sennholz

Money and Freedom by Hans E.Sennholz

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Money and Freedom is a clear statement for unregulated money and banking, and the abolition of legal tender laws. It details how politicians use the legal tender system for their own benefit and for the detriment of their fellow men. Analyzes contemporary monetary doctrines and how they fall short of the mark in correcting the evils perpetrated by legal tender laws.

Content:

Foreword
Preface
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

1. The Causes of Economic Disintegration

• 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

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• Compulsory Money: Legal Tender Laws

Government Power over Money
Misleading Definitions
No Inflation Without Legal Tender
Legal Tender in the United States

 

1. False Solutions: Managed Money

• The Monetarists

False Solutions Build on Force
Futile Search for Absolute Stability
Fiat Expansion Causes Economic Instability
Making Matters Worse

• The Supply-Siders

Price Rules for Gold
Robert Mundell
Arthur Laffer
Jude Wanniski
Congressman Jack Kemp

• Advocates of Social Credit

 

III. Terminating the Money Monopoly

• The Gold Standard

Mutilation and Destruction
Natural Qualities of Gold
An International Standard
Creation of Freedom

• Beyond the Gold Standard

Proposed Legislation

• Free Money

Index

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