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The Mystery of Banking [Hardcover]

Murry N. Rothbard
5.0 out of 5 stars  See all reviews (5 customer reviews)

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Product details

  • Hardcover
  • Publisher: VM (2008)
  • Language: English
  • ISBN-10: 1933550287
  • ISBN-13: 978-1933550282
  • Product Dimensions: 23.6 x 15.7 x 2 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Bestsellers Rank: 1,409,567 in Books (See Top 100 in Books)

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Most Helpful Customer Reviews
6 of 6 people found the following review helpful
5.0 out of 5 stars Revelation of our banking system 12 Nov 2009
Format:Hardcover
This book gives a great insight into our reserve banking system. It shows us how our banking system came into existence, how it works and why we should be worried about it. Rothbard gives an incisive explanation of why reserve banking in its current form is doomed to fail and the ongoing economic crisis underlines that his theories are valid.
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4 of 4 people found the following review helpful
Format:Kindle Edition|Amazon Verified Purchase
I have started to try and understand the mysteries of the banking system and this book was a revelation. It gave the history of events for both the British and American systems, the gradual centralisation and the removal of banking constraints to faccilitate the continued boom and bust of bank created inflation of the money system.

It was very clear and easy to read. Sometimes I wonder if banking is closer to a whodunit thriller than dry figures and this book leaves no doubt about how and why political leverage has been applied. Truly excellent and has encouraged me to read further.
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5.0 out of 5 stars A required read for all 14 April 2013
Format:Kindle Edition|Amazon Verified Purchase
Everybody should read this. It is not a difficult text but makes pretty clear why we are in the mess we we are today; greed combined with a false creed that bankers, both central and chartered, hand in hand (and in your pocket) with ruling elites know best how keep the economy going (sure they do).
And now we have the zombie economies of the West to pass on to our children. Here you go kids, sorry we stood by open-mouthed while life and richness was sucked out of your inheritance by parasites. Hope you don't make the same mistake as us. Read this and maybe you won't.
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5.0 out of 5 stars Austrian Economics primer 11 Feb 2013
By Mr. Nj Mcallister VINE™ VOICE
Format:Kindle Edition|Amazon Verified Purchase
This is probably the best intro to the school of Austrian economics and basic financial theory, its really accessible and gives a world class over view of fractional reserve banking and how our modern financial systems work. I found this book to be very accessible and educational and really benefited from reading it and its enjoyable to read and pretty cheap on Kindle too. 5 stars no doubt about it!! Grab it and dig in.
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5.0 out of 5 stars Banking business explained 19 Jan 2013
Format:Kindle Edition|Amazon Verified Purchase
Fractional reserve banking is the the cause and curse of modern banking. Something i had not fully understood until I read about it in this book. A good read with revelations about how banking is carried out since coming off the gold standard.
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