The Tom Woods Show
Ep. 745 The Economics of Fractional-Reserve Banking
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:36:53
- More information
Informações:
Synopsis
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