From Ancient Rome through modern-day America, money inflation has been the means by which the state extracts wealth without recourse to taxation. Such a monetary policy leads to gutting savings, punishing investment, and the launching of economic cycles and even soaring prices and banking disasters. But perhaps the greatest cost is in human liberty itself. The intellectual tragedy here is that few make the connection between the quality of money and the rise of despostism.
This Mises Circle is devoted to exploring the relationship and providing a path toward permanent freedom.
Charles Goyette joins Thomas DiLorenzo, Robert Murphy,
Douglas French, and Jeffrey Tucker
Speaking in Phoenix April 11, for the Mises Circle