Paper Money Collapse: The Folly of Elastic Money and the Coming Monetary Breakdown

Index

1844 Bank Act, 72–73

A

Adams, John, 71–71

Adams, John Quincy, 72

Aldrich-Vreeland Act, 74

American Civil War, 14

asset price, inflated, 6

assignats, 14, 167

Austrian School of Economics, 6, 10, 209

Austrian theory of business cycle, 6

Austrian Theory, policy implications of, 116–120

B

Bank for International Settlements (BIS), 182

Bank of England, 70

paper money and, 166

bank reserves, 12

banknotes, 2

banks, paper money and, 173–175

barter economy, 21–22, 43

Bernanke, Ben, 4, 6, 11–12, 210–211, 213

Bernholz, Peter, 134

BIS. See Bank for International Settlements

Boehm-Bawerk, Eugen von, 117

British Classical economists, 6, 10, 15

Buren, Martin van, 72

business cycle, 12–13

Austrian theory of, 6

C

Cantillon effect, 71

Cantillon, Richard, 70–71

capital flows, international, 11

capital goods, 102

capital misallocation, 8, 209

capitalism, death of, 209

cash, holding, 32

Catchings, Waddill, 209

central bank, state-backed, 214–215

China

paper money and, 13

U.S. inflation and, 217–218

Civil War (American), 14

Classical Gold Standard, 3–4, 43, 136–137, 168

collectivism, 191–194

commodity, money as, 1–2

commodity money, 2–3, 5

inflation and, 134–138, 214–215

instability of, 138–146

price index stability and, 150–157

return to, 241–245

competition among producers, 40–41

computer money, 2. See also money, paper money

Congdon, Tim, 69–70, 72

consumer prices, rising, 113

consumption, 98–99

continentals (North American), 14

controls of fractional-reserve banking, 68–73

credit availability, ...