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Why the Scottish "Free Banking" Episode Doesn't Justify Fractional Reserves
Episode 453

Why the Scottish "Free Banking" Episode Doesn't Justify Fractional Reserves

The Human Action Podcast · Mises Institute

June 21, 2024

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Show Notes

Bob continues his feud with George Selgin, explaining why the alleged free banking period in Scotland doesn't show that free-market banks would carry low reserve ratios.

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Free MarketsMoney and BankingMoney and BanksOther Schools of Thought