The Theory of Money & Credit Part 2

<h2 class="page-title" style="box-sizing: border-box; color: #38709e; font-family: crimson_text, Georgia, &quot;Times New Roman&quot;, Times, serif; font-size: 25px; line-height: 1.1; margin: 0px 0px 16px; vertical-align: top;"> The Theory of Money &amp; Credit Part 2</h2> <div class="group-image-wrapper field-group-html-element pull-left" id="slideshow" style="background-color: white; box-sizing: border-box; caret-color: rgb(73, 78, 84); color: #494e54; float: left !important; font-family: myriad-pro, &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 15px; margin-bottom: 6px; margin-right: 20px; width: 240px;"> <div class="image border-secondary" style="border-top-color: rgb(56, 112, 158); border-top-style: solid; border-top-width: 8px; box-sizing: border-box;"> <div class="flexslider optionset-node-slideshow flexslider-processed" id="flexslider-1" style="-webkit-box-shadow: none; background-color: transparent; border-bottom-left-radius: 4px; border-bottom-right-radius: 4px; border-top-left-radius: 4px; border-top-right-radius: 4px; border: 0px; box-shadow: none; box-sizing: border-box; margin: 0px; padding: 0px; position: relative; zoom: 1;"> <div class="flex-viewport" style="box-sizing: border-box; max-height: 2000px; overflow: hidden; position: relative; transition: all 1s ease;"> <ul class="slides" style="box-sizing: border-box; list-style: none; margin: 0px; padding: 0px; transform: translate3d(0px, 0px, 0px); transition-duration: 0s; width: 480px; zoom: 1;"> <li style="-webkit-backface-visibility: hidden; box-sizing: border-box; display: block; float: left; width: 240px;"><img alt="The Theory of Money and Credit by Ludwig von Mises" draggable="false" src="https://mises-media.s3.amazonaws.com/styles/slideshow/s3/static-page/img/The%20Theory%20of%20Money%20and%20Credit_750x516_20171207.jpg?itok=nFRJhRCQ" style="border: 0px; box-sizing: border-box; display: block; vertical-align: middle; width: 240px;" title="The Theory of Money and Credit by Ludwig von Mises" typeof="foaf:Image" /></li> </ul> </div> </div> </div> </div> <div class="tags" style="box-sizing: border-box; color: #51585c; font-family: myriad-pro, &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 11px; margin-bottom: 12.5px;"> <span class="tag-label bold" style="box-sizing: border-box; font-weight: 600; padding-right: 5px; text-transform: uppercase;">TAGS</span>&nbsp;<span style="box-sizing: border-box;"><a href="https://mises.org/topics/money-and-banks" style="box-sizing: border-box; color: #51585c; text-decoration: none;">Money and Banks</a></span><span style="box-sizing: border-box;"><a href="https://mises.org/austrian-school/monetary-theory" style="box-sizing: border-box; color: #51585c; text-decoration: none;">Monetary Theory</a></span><span style="box-sizing: border-box;"><a href="https://mises.org/austrian-school/money-and-banking" style="box-sizing: border-box; color: #51585c; text-decoration: none;">Money and Banking</a></span></div> <br /> <br /> <section class="group-date-author" style="box-sizing: border-box; caret-color: rgb(73, 78, 84); color: #494e54; font-family: myriad-pro, &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 15px;"><span class="date" style="box-sizing: border-box; color: #00426b; font-weight: 600; text-transform: uppercase;">12/11/2017&nbsp;</span><span class="author" style="box-sizing: border-box;"><a href="https://mises.org/profile/ludwig-von-mises" style="box-sizing: border-box; color: #00426b; text-decoration: none;">Ludwig von Mises</a></span></section><br /> <div class="body-content" style="box-sizing: border-box; caret-color: rgb(73, 78, 84); color: #494e54; font-family: myriad-pro, &quot;Helvetica Neue&quot;, Helvetica, Arial, sans-serif; font-size: 15px; padding-bottom: 0px;"> <div style="box-sizing: border-box; margin-bottom: 12.5px;"> Mises&nbsp;wrote this book for the ages, and it remains the most spirited, thorough, and scientifically rigorous treatise on money to ever appear. It made Mises's reputation across Europe and established him as the most important economist of his age.</div> <div style="box-sizing: border-box; margin-bottom: 12.5px;"> Narrated by Jim Vann. This audiobook is also available&nbsp;<a href="https://soundcloud.com/misesmedia/sets/the-theory-of-money-credit" rel="noopener noreferrer" style="box-sizing: border-box; color: #38709e; text-decoration: none;" target="_blank">on Soundcloud</a>&nbsp;and&nbsp;<a href="https://itunes.apple.com/us/podcast/the-theory-of-money-credit/id1333224560?mt=2" rel="noopener noreferrer" style="box-sizing: border-box; color: #38709e; text-decoration: none;" target="_blank">iTunes</a>. The full text is available online&nbsp;<a href="https://mises.org/library/theory-money-and-credit" style="box-sizing: border-box; color: #38709e; text-decoration: none;">here</a>.</div> <div style="box-sizing: border-box; margin-bottom: 12.5px;"> <br /></div> <div style="box-sizing: border-box; margin-bottom: 12.5px;"> <a href="http://mp3.anarchistphilosophies.com/theoryofmoneycredit2.mp3" rel="noopener noreferrer" style="background-color: #38709e; background-image: none; border-bottom-left-radius: 5px; border-bottom-right-radius: 5px; border-color: rgb(56, 112, 158); border-top-left-radius: 5px; border-top-right-radius: 5px; box-sizing: border-box; color: white; cursor: pointer; display: inline-block; font-size: 13px; line-height: 1.25; margin-bottom: 0px; padding: 6px 10px; text-align: center; text-decoration: none; vertical-align: middle; white-space: nowrap;" target="_blank" title="01_The Theory of Money and Credit_Foreword to the 2009 Edition.mp3" type="audio/mpeg; length=12697684">Download audio file</a></div> <div style="box-sizing: border-box; margin-bottom: 12.5px;"> <a class="" href="https://mises.org/library/theory-money-credit-0" style="box-sizing: border-box; color: #51585c; font-size: 14px; text-decoration: none; text-transform: uppercase;">READ MORE</a></div> </div>