The Tom Woods Show
Ep. 745 The Economics of Fractional-Reserve Banking
- Autor: Vários
- Narrador: Vários
- Editora: Podcast
- Duração: 0:36:53
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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