Bob Murphy: Free Banking Vs. Full Reserve Banking, Deposits, Credit, Contracts, Reserves (RCS 159) скачать в хорошем качестве

Bob Murphy: Free Banking Vs. Full Reserve Banking, Deposits, Credit, Contracts, Reserves (RCS 159)

Interview original date: May 7, 2021 Topics- Concept of free banking vs. Full reserve banking: Which is best for the banking system? Austrian economics, Central Banks, small government, no bailouts, property rights, checking account balance, demand deposits, lending, contracts, reserves, reserve ratio, self governance of the banks, no government imposed regulations, money storage. Boom/Bust Cycle, fractional reserve banking, banks issuing credit without the necessary reserves to back it up, broad money, elastic credit, bank notes, productive lending, productive growth, price levels, interest rates, entrepreneurs, growth. Distortions, misallocation of resources, malinvestment, rapid growth, price signals, wages, sustainability. How to prevent fractional reserve banking? Fraudulent system, free bankers, FED, Central Banks as lenders of last resort, bailouts, commercial banks, free market economic system. SUBSCRIBE to More George Gammon:    / @moregeorgegammon