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What Was Mises's Position on Fractional Reserve Banking?

EPISODE · Oct 18, 2024

What Was Mises's Position on Fractional Reserve Banking?

from The Human Action Podcast · host Robert P. Murphy

Murphy lays out the various camps in the debate over FRB. He endorses the view of Joe Salerno, namely that Mises favored "free banking" as the best means for limiting credit expansion and ensuring banks carry high reserve ratios.Bob's Article in the QJAE on Fractional Reserve Banking: Mises.org/HAP470aJoe Salerno, "Ludwig von Mises as Currency School Free Banker": Mises.org/HAP470bThe Mises Institute is giving away 100,000 copies of Murray Rothbard’s, What Has Government Done to Our Money? Get your free copy at Mises.org/HAPodFree

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What Was Mises's Position on Fractional Reserve Banking?

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This episode was published on October 18, 2024.

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Murphy lays out the various camps in the debate over FRB. He endorses the view of Joe Salerno, namely that Mises favored "free banking" as the best means for limiting credit expansion and ensuring banks carry high reserve ratios.Bob's Article in the...

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