Fractional Reserve Banking, Present Discounted Value, and the Austrian Business Cycle Theory
Originally published: https://mises.org/library/fractional-reserve-banking-present-discounted-value-and-austrian-business-cycle-theory
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Dear Marina: Thanks. best regards, Walter
Congratulations on another awesome lecture Walter. One of the subjects I find the hardest to understand in Austrian Economics is the Fractional Reserve Banking debate (that’s probably because of my mainstream economics education bias). Do you have some readings to recommend to me regarding this subject?
BTW, I hope I can see you at a Mises event someday. I went to Mises University in 2022 and in 2023 and I’ll try to go to other events in the near future