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Rothbard

Rothbard

Commercial banks - that is, fractional reserve banks - create money out of thin air. Essentially, they do it in the same way as counterfeiters. Murray Rothbard
Rethinking Economics Australia
2018-10-21T01:50:33+10:30
Commercial banks - that is, fractional reserve banks - create money out of thin air. Essentially, they do it in the same way as counterfeiters. Murray Rothbard