The case for a 100 percent gold dollar themselves inflated further on top of their increased supplyofdollars theunitedstateswas therebyableto export inflation to other countries limiting its own price increases by imposing them on foreigners thebrettonwoods systemwas hailedbyestablish mentmacroeconomistsandfinancial expertsassound. The case for a 100 percent gold dollar mn rothbard 2 upon the already top heavy french banking system even more top heavy now that the dwindling gold base of the inverted money pyramid was forced to support and back up a greater amount of paper francs inevitably facing bankruptcy the french banking system would have to contract. In an ideal system a dollar would be a unit of weight and paper money would operate strictly as warehouse receipts for the stock of the monetary metal there would be no fractional reserve banking rothbard offers a rebuttal to the objections to a 100 percent gold dollar raised by professor leland yeager. The case for a 100 percent gold dollar is the title of an essay by american economist murray rothbard first published in 1962 in in search of a monetary constitution the text makes the argument for the gold standard and shows how it can be restored in a practical step by step plan rothbard added a preface in 1991 in which he argues that the