Against Funny-Money Banking

See this post by brilliant British entrepreneur Toby Baxendale on the differences between honest money and honest banking, and funny money and fraudulent banking. It is further evidence that the Rothbardian view is smashing the inflationist “free banking” approach within the Austrian School and outside it. And keep an eye on Toby’s Cobden Centre. It is a shining hope for England’s future.

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9:15 am on March 15, 2010