Murray Rothbard quote

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War has generally had grave and fateful consequences for the American monetary and financial system. We have seen that the Revolutionary War occasioned a mass of depreciated fiat paper, worthless Continentals, a huge public debt, and the beginnings of central banking in the Bank of North America.
Murray Rothbard
Murray Rothbard
Murray Rothbard
Born: Mar 2, 1926
Died: Jan 7, 1995

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War, Financial, Seen, Consequences, Paper, System, Worthless, Financial System, Generally, Had, Mass, Huge, Debt, Beginnings, North, North America, America, Revolutionary, American, Revolutionary War, Bank, Fiat, Banking, Central, Public, Grave, Monetary

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