Sunday , August 9 2020
Home / Robert Blumen /Are Fractional Reserve Bank Deposits Money?

Are Fractional Reserve Bank Deposits Money?

Summary:
It is possible to conceive of a world where fractional reserve banking is understood by both banker and depositor and involves no deception or fraud. But in that world, deposits cease to be money and become complex credit securities. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros. Original Article: ...

Topics:
Robert Blumen considers the following as important:

This could be interesting, too:

Tyler Durden writes Social Media Imposing Modern-Day ‘Hays Code’ On Political Speech

Tyler Durden writes Inside One Of Big Brother’s ‘Location Harvesting’ Contractors, Which Tracks ‘Hundreds Of Millions’ Of Phones

Tyler Durden writes ‘TwitTok?’: Twitter Reportedly Joins Growing List Of Potential TikTok Suitors

Tyler Durden writes CIA Stuns In Saying “No Evidence” TikTok Giving Its Data To China

It is possible to conceive of a world where fractional reserve banking is understood by both banker and depositor and involves no deception or fraud. But in that world, deposits cease to be money and become complex credit securities.

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Millian Quinteros.

Original Article: "Are Fractional Reserve Bank Deposits Money?"

Leave a Reply

Your email address will not be published. Required fields are marked *