The Tom Woods Show

Ep. 745 The Economics of Fractional-Reserve Banking

Informações:

Sinopse

Fractional-reserve banking, in which only a fraction of demand deposits are available on demand (the rest being lent out), has been a source of controversy even among self-identified Austrian economists. Jeff Herbener joins us to discuss the purely economic effects of fractional-reserve banking. Show notes for Ep. 745