The "What is Money?" Show cover image

The Creature from Jekyll Island with G. Edward Griffin (WiM401)

The "What is Money?" Show

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Inflation, Gold Standard, and the Welfare State

This chapter explores the impact of the abandonment of the gold standard and the expansion of credit, highlighting the loss of value in savings due to inflation and the lack of protection for wealth without a gold standard. It also discusses the connection between the welfare state and the warfare state, emphasizing the violation of property rights.

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