Talk:Fractional-reserve banking: Difference between revisions
imported>Anthony Argyriou (list references for near-future work) |
imported>Janos Abel m (comment of fr. and money supply) |
||
| Line 11: | Line 11: | ||
I removed the sentence about the controversy because that's not the way the controversy usually plays out. The Lew Rockwell links above are incredibly skeptical of fractional reserve banking, and I will rebuild the controversy based on them. | I removed the sentence about the controversy because that's not the way the controversy usually plays out. The Lew Rockwell links above are incredibly skeptical of fractional reserve banking, and I will rebuild the controversy based on them. | ||
[[User:Anthony Argyriou|Anthony Argyriou]] 17:27, 8 May 2007 (CDT) | [[User:Anthony Argyriou|Anthony Argyriou]] 17:27, 8 May 2007 (CDT) | ||
:Anthony, I put in that sentence as a marker for a section on critical views of fractional-reserve. (I am not familiar with the Lew Rockwell critique but will read up on it.) | |||
:I also note that you do not believe fractional-reserve is to do with money supply. This makes me wonder if you are aware of the fact that around 95% of the US money supply (and over that in the UK) is created by this means. -- [[User:Janos Abel|Janos Abel]] 11:22, 4 June 2007 (CDT) | |||
Revision as of 11:22, 4 June 2007
Fractional-reserve banking is too important a fact of economic life to be without entry in citizendium. Please extend the stub.
--Janos Abel 06:01, 23 April 2007 (CDT)
Notes for editing later tonight: http://www.lewrockwell.com/rothbard/frb.html - Rothbard on fractional reserve http://www.lewrockwell.com/north/north86.html - Gary North on Mises on frb http://www.federalreserve.gov/monetarypolicy/reservereq.htm - federal reserve on reserve requirements http://www.federalreserve.gov/monetarypolicy/0693lead.pdf - history of reserve requirements
I removed the sentence about the controversy because that's not the way the controversy usually plays out. The Lew Rockwell links above are incredibly skeptical of fractional reserve banking, and I will rebuild the controversy based on them. Anthony Argyriou 17:27, 8 May 2007 (CDT)
- Anthony, I put in that sentence as a marker for a section on critical views of fractional-reserve. (I am not familiar with the Lew Rockwell critique but will read up on it.)
- I also note that you do not believe fractional-reserve is to do with money supply. This makes me wonder if you are aware of the fact that around 95% of the US money supply (and over that in the UK) is created by this means. -- Janos Abel 11:22, 4 June 2007 (CDT)