『Ep. 529 The Walls Are Contracting on George Selgin's Credit』のカバーアート

Ep. 529 The Walls Are Contracting on George Selgin's Credit

Ep. 529 The Walls Are Contracting on George Selgin's Credit

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Taking a recent Twitter exchange as a springboard, Bob argues that George Selgin has unwittingly conceded the entire argument they had at the SoHo Forum: namely, fractional reserve banking by its very essence causes a mismatch between the community's saving and the funds made available for loans via the banks.

Mentioned in the Episode and Other Links of Interest:

  • Keith Vencel's new book, A New Monetary System.
  • The SoHo Forum debate between Selgin and Murphy.
  • Selgin's posts on ABCT and FRB (one and two).
  • Bob's Human Action episode on Mises and FRB.
  • Bob's QJAE article on FRB and the business cycle.
  • Help support the Bob Murphy Show.

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