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Understanding Money Mechanics Murphy Robert P

  • SKU: BELL-36684690
Understanding Money Mechanics Murphy Robert P
$ 31.00 $ 45.00 (-31%)

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Understanding Money Mechanics Murphy Robert P instant download after payment.

Publisher: Ludwig von Mises Institute
File Extension: PDF
File size: 16.44 MB
Pages: 212
Author: Murphy, Robert P
ISBN: 9781610167406, 1610167406
Language: English
Year: 2021

Product desciption

Understanding Money Mechanics Murphy Robert P by Murphy, Robert P 9781610167406, 1610167406 instant download after payment.

Understanding Money Mechanics provides the intelligent layperson with a concise yet comprehensive overview of the theory, history, and practice of money and banking, with a focus on the United States. Although the author considers himself an Austrian school economist, most of the material in this book is a neutral presentation of historical facts and an objective description of the mechanics of money creation in today's world.

This book is intended to be a reference for all readers, whether "Austrian" or not, and to bridge the gap by providing a crash course in the necessary theory and history while keeping the discussion tethered to current events.

Understanding Money Mechanics covers numerous topics, including the classical gold standard, the Fed's open market operations, changes in central bank policy since the coronavirus, the economics of Bitcoin, and a critique of Modern Monetary Theory (MMT).

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