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Language: English
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Inspired by the success of the Bolshevik revolution in Russia, revolutionary Communist Parties were organized throughout the world to promote revolution by organizing labor unions, strikes, and political protest. But the commission�s decision had to be ratified by Congress. Thus, although Rothbard has a perfectly valid criticism of the irresponsibility of the Federal Reserve in maintaining a regime of constant inflation, what he would prefer instead is really a kind of utopianism that ignores both the good faith, contractual validity of fractional reserve banking and the real economic damage done by deflation.
Pages: 112
Publisher: Atheneum; 1st edition (July 1, 1999)
ISBN: 0689814127
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