The Volokh Conspiracy - More on fractional reserve banking.

The Volokh Conspiracy - More on fractional reserve banking.
Walter Block posts a response to my earlier post. He still says that borrowing money from a depositor is like selling a “square circle”: it is a “logical contradiction

Lawson for Congress Blog » fractional reserve banking
I’m grateful that Dr. Tom DiLorenzo, professor of economics at Loyola College, took the time to write a rebuttal to an inexplicably ignorant hit-piece recently published in the

Fractional Reserve Brokeraging
I’ll call it “Fractional Reserve Brokeraging.” Banking was invented about 500 years ago as a way of keeping money safe, providing easier transfer of ownership of real money