<p>Guido Hülsmann's <a href="https://mises.org/library/ethics-money-production">The Ethics of Money Production</a> is a masterclass both on the fundamentals of money and the disastrous moral consequences of monetary "policy." Inflation is not only an economic problem which impoverishes us materially, but a deeply corrosive force in society for individuals. There is no better work to explain the broader implications of central banking which go almost totally unremarked in the financial press.</p> <p>Podcaster <a href="https://stephanlivera.com/about/">Stephan Livera</a>&nbsp;is a big fan of the book and joins the show to explain why you need to read it.</p> <p>Guido Hülsmann's The Ethics of Money Production​: <a href="http://mises.org/ethics">Mises.org/Ethics</a></p> <p>Listen to Stephan's podcast at <a href="https://stephanlivera.com/">StephanLivera.com</a></p>