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The Mystery of Banking

By Murray N. Rothbard
eBook
$5.25
By Murray N. Rothbard
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Rothbard's extraordinary book unravels the mystery of banking: what is legitimate enterprise and what is a government-backed shell game that can't last. His explanation is clear enough for anyone to follow and yet precise and rigorous enough to be the best textbook for college classes on the topic. This is because its expositional clarity--in its history and theory--is essentially unrivaled.

Most notably, he uses the T-account method of explaining the relationship between deposits and loans,...

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