Episode Synopsis "3.2. The Evolution of Fiduciary Media"

From Part 3, "Money and Banking". Narrated by Jim Vann.

Listen "3.2. The Evolution of Fiduciary Media"

More episodes of the podcast The Theory of Money and Credit

• The Theory of Money and Credit Audiobook
• Foreword to the 2009 Edition
• Foreword by Murray N. Rothbard
• Preface to the New Edition
• Introduction by Professor Lionel Robbins
• Preface to the English Edition
• Preface to the Second German Edition
• 1.1. The Functions of Money
• 1.2. On the Measurement of Value
• 1.3. The Various Kinds of Money
• 1.4. Money and the State
• 1.5. Money as an Economic Good
• 1.6. The Enemies of Money
• 2.1. The Concept of the Value of Money
• 2.2. The Determinants of the Objective Exchange-Value, or Purchasing Power, of Money
• 2.3. The Problem of the Existence of Local Differences in the Objective Exchange Value of Money
• 2.4. The Exchange Ratio Between Money of Different Kinds
• 2.5. The Problem of Measuring the Objective Exchange Value of Money and Variations in It
• 2.6. The Social Consequences of Variations in the Objective Exchange Value of Money
• 2.7. Monetary Policy
• 2.8. The Monetary Policy of Etatism
• 3.1. The Business of Banking
• 3.2. The Evolution of Fiduciary Media
• 3.3. Fiduciary Media and the Demand for Money
• 3.4. The Redemption of Fiduciary Media
• 3.5. Money, Credit, and Interest
• 3.6. Problems of Credit Policy
• 4.1. The Principle of Sound Money
• 4.2. Contemporary Currency Systems
• 4.3. The Return to Sound Money