Tag Archives: fractional_reserve_banking

Anatomy of a Bank Run by Murray Rothbard

‘But in what sense is a bank “sound” when one whisper of doom, one faltering of public confidence, should quickly bring the bank down? In what other industry does a mere rumor or hint of doubt swiftly bring down a … Continue reading

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The Swiss Consider a National Referendum on Fractional Reserve Banking by Jeff Deist

‘You may have heard about the Swiss referendum to end fractional reserve lending by Swiss commercial banks. It’s a fascinating development, and another example of how average Swiss people can use the federal referendum process to force both the central … Continue reading

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From The Telegraph: Switzerland to vote on banning banks from creating money

This is a real eye opener. The referendum would end fractional reserve banking in Switzerland while retaining a fiat Swiss franc. The Swiss National Bank would still be able to print money. ‘Switzerland will hold a referendum to decide whether … Continue reading

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How Money Disappears in a Fractional-Reserve Money System by Frank Shostak

‘Most experts are of the view that the massive monetary pumping by the US central bank during the 2008 financial crisis saved the US and the world from another Great Depression. On this the Federal Reserve Chairman at the time … Continue reading

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Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse by Doug Casey

“Unsound Banking: Why Most of the World’s Banks Are Headed for Collapse” is an excellent summary of what constitutes sound (ethical) versus unsound (unethical) banking. ‘You’re likely thinking that a discussion of “sound banking” will be a bit boring. Well, … Continue reading

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Mt. Gox Problems Mount by David Howden

“Mt. Gox Problems Mount” is the fourth article in a series about Mt. Gox, bitcoin, and fractional reserve banking written by David Howden. Bitcoin Bank Run by David Howden Bitcoin Bank Run, Take 2 by David Howden Bitcoin Banking by … Continue reading

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Bitcoin Banking by David Howden

David Howden provides a preliminary post mortem of Mt. Gox. ‘A currency is only as safe as the bank that stores it. Nowhere is this more apparent than in the recent turmoil in the bitcoin community.‘ ‘On 7 February of … Continue reading

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