MSNBC Interview: What Has Government Done to Our Money?

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Monetary policy is—aside from war—the primary tool of state aggrandizement. It ensures the growth of government, finances deficits, rewards special interests, and fixes elections. Without it, the federal leviathan would collapse, and we could return to the republic of the Founding Fathers.

Our monetary system is not only politically abusive, it also causes inflation and the business cycle. What is to be done?

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