Mises Daily
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
The heart of the modern state is the central bank. By heart I mean the very thing that makes it work, and without which the modern state would quickly wither and die. It is the thing that makes the money. As such, it purports to be our stabilizer, our source of employment, the fuel behind the economic growth that brings us technology. In truth, it