Talk:Fractional-reserve banking

Fractional-reserve banking is too important a fact of economic life to be without entry in citizendium. Please extend the stub.

--Janos Abel 06:01, 23 April 2007 (CDT)

Notes for editing later tonight: http://www.lewrockwell.com/rothbard/frb.html - Rothbard on fractional reserve http://www.lewrockwell.com/north/north86.html - Gary North on Mises on frb http://www.federalreserve.gov/monetarypolicy/reservereq.htm - federal reserve on reserve requirements http://www.federalreserve.gov/monetarypolicy/0693lead.pdf - history of reserve requirements

I removed the sentence about the controversy because that's not the way the controversy usually plays out. The Lew Rockwell links above are incredibly skeptical of fractional reserve banking, and I will rebuild the controversy based on them. Anthony Argyriou 17:27, 8 May 2007 (CDT)

Anthony, I put in that sentence as a marker for a section on critical views of fractional-reserve. (I am not familiar with the Lew Rockwell critique but will read up on it.)

I also note that you do not believe fractional-reserve is to do with money supply. This makes me wonder if you are aware of the fact that around 95% of the US money supply (and over that in the UK) is created by this means. -- Janos Abel 11:22, 4 June 2007 (CDT)