资源描述：
《Deflation and Liberty》由会员上传分享，免费在线阅读，更多相关内容在行业资料-天天文库。
1、DEFLATIONANDLIBERTYDEFLATIONANDLIBERTYJÖRGGUIDOHÜLSMANNLudwigvonMisesInstituteAUBURN,ALABAMACopyright©2008LudwigvonMisesInstituteLudwigvonMisesInstitute518WestMagnoliaAvenueAuburn,Alabama36832U.S.A.www.mises.orgISBN:978-1-933550-35-0PREFACEITISMYGREA
2、Tpleasuretoseethislittleessayinprint.Writtenandpresentedmorethanfiveyearsago,itwaswelcomedatthetimebyscholarswithabackgroundinAustrianeconomics.However,itwasnotunder-stoodandwasrejectedbythosewhodidnothavethisbackground.Inordertoreachabroaderaudience
3、,ashortessaywouldsimplynotdo.Ithereforedecidednottopublish“DeflationandLiberty”andstartedtoworkonTheEthicsofMoneyProduction,abook-lengthpresentationoftheargument,whichhasjustbecomeavailablefromtheMisesInstitute.Inthepresentcrisis,thecitizensoftheUnit
4、edStateshavetomakeanimportantchoice.Theycansupportapolicydesignedtoperpetuateourcurrentfiatmoneysystemandthesorrystateofbankingandoffinancialmarketsthatitlogicallyentails.Ortheycansupportapolicydesignedtoreintroduceafreemarketinmoneyandfinance.Thisla
5、tterpolicyrequiresthegovernmenttokeepitshandsoff.Itshouldnotpro-ducemoney,norshoulditappointaspecialagencytoproducemoney.Itshouldnotforcethecitizenstousefiatmoneybyimposinglegaltenderlaws.Itshouldnotregulatebankingandshouldnotregulatethefinancialmark
6、ets.Itshouldnottrytofixtheinterestrate,thepricesoffinancialtitles,orcommodityprices.56DEFLATIONANDLIBERTYClearly,thesemeasuresareradicalbypresent-daystandards,andtheyarenotlikelytofindsufficientsupport.Buttheylacksupportoutofignoranceandfear.Wearetol
7、dbyvirtuallyalltheexpertsonmoneyandfinance—thecentralbankersandmostuniversityprofessors—thatthecrisishitsusdespitethebesteffortsoftheFed;thatmoney,banking,andfinancialmarketsarenotmeanttobefree,becausetheyendupindisar-raydespitethemassivepresenceofth
8、egovernmentasafinancialagent,asaregulator,andasmoneypro-ducer;thatourmonetarysystemprovidesuswithgreatbenefitsthatwewouldbefoolishnottopreserve.Thosesameexpertsthereforeurgeustogivethegov-ernmentanevengreaterpresenceinthefinancialmar-kets,toincreasei
