To consent and proceed, click “Continue to Site.” The crypto community has no doubt that history has turned the corner with the greatest invention since fire.

Meanwhile, mainstream monetary thinkers think that the crypto crowd is basically nuts. Money can’t be left to the market to produce and manage, the debunkers say. It is a thing for the state to do.

Governments have been in the money business for thousands of years. It must always be so.

Georg Friedrich Knapp proved this more than one hundred years ago! In 1963, Murray Rothbard wrote an anti-inflation tract called What Has Government Done to Our Money.

The effervescent prose and searing logic made it an instant classic, and a favorite of “gold bugs” for generations. If you had never thought about the nefarious effects of government control of money, this small monograph had an amazing clarifying effect. Read more from forbes.com…

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