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contractual fractional reserve banking
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Murray N. Rothbard
Mystery of Banking Question
I have thus far found the Mystery of Banking to be an amazing book on the dynamics of the money system. But Rothbard's description of the fractional reserve system does not jive with what I have been taught and this definition becomes essential later on when he explains why fractional reserve banking...
Posted to
Economics Questions
(Forum)
by
smccart
on Sun, Aug 17 2008
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