I will be about to write my master thesis with Thorsten Polleit as first corrector.
His page on mises.org: http://mises.org/articles.aspx?AuthorId=793
Do you have any inspiration for us regarding an interesting topic that is worth to be investigated?
[quote user="Okooka"]But isn't the problem with FRB as well? Banks give out multiplied ammount of credit based on deposits, so when a crisis hits and people start to default, the money supply contracts. Do I have anything wrong with seeing it like that? Admittedly I still don't quite...
Ron, You are quite right about both Rothschild's quote and your statement that Britain does not have a 100% reserve system. Private banks played an extremely important role in financing nations and issuing their currencies in the 19th Century, and the Rothschild's among others profited greatly...