Monetary Policy
Milton Friedman Quotation: “Only government can take perfectly good paper, cover it with perfectly good ink, and make the combination worthless.”
Milton Friedman Ink & Paper
Franklin Roosevelt’s Executive Order 1933: All persons are required to deliver all gold coin, gold bullion, and gold certificates to the Federal Reserve Bank. Criminal penalties for violation: $10,000 fine or 10 years imprisonment, or both.
Roosevelt’s Executive Order Confiscating Gold
Source: USInflationCalculator.com
Inflation Calculator
https://www.econlib.org/cee/
Econlib Concise Encyclopedia of Economics & Liberty
https://mises.org/library/economics-one-lesson-0 Mises Institute Economics In One Lesson Video Series. Based on the book by economist Henry Hazlitt
Mises Economics in One Lesson Video Series
https://mises.org/library/audio-video
Mises Media: Audio/Video on Austrian Economics
Chart shows the purchasing power of the US Dollar over time. Purchasing power has decreased due in part to inflation and Federal Reserve money printing.