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Mises Institute
Mises Institute
2 Apr 2023


NextImg:Why Fractional Reserve Banking Is behind Bank Failures

Suppose an addict had the ability to magically create, ex nihilo, his own stimulating drug, as fractional reserve banks can do with money and credit. Would you expect moderation?

Original Article: "Why Fractional Reserve Banking Is behind Bank Failures"

This Audio Mises Wire is generously sponsored by Christopher Condon.