Ep. 757 DEBATE: Is Fractional Reserve Banking Economically Benign?

Published: Oct. 12, 2016, 3:55 p.m.

When I recently () spoke to Professor Jeffrey Herbener about the economic effects of fractional-reserve banking, I recalled that John Tamny and I had had a disagreement on the subject. So for this episode I’ve invited both of these gentlemen for a formal debate on the subject. I think you’ll find the result enlightening.