Fractional Reserve Banking

Discussion in 'Economy' started by neurosport, Jun 7, 2009.

  1. neurosport
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    http://austrianenginomics.com/TheFractionalReserveBankingParadox.pdf

    Russell Randall talks about the Cons and Pros of Fractional Reserve Banking in general as well as the system we have in particular.

    "It is of utmost importance that a few banks take unwarranted risks every year and GO BUST,
    thus harming depositors who entrusted their savings to the bank."
     
    Last edited: Jun 7, 2009

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