154. Take Your Money Out of the Banks

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A podcast with Joseph Salerno.

Economist Joe Salerno explains that it is important to move your money from megabanks to less-unsound, smaller ones, and to stop using fractional banks at all, to the extent you can. As Joe explains, every time you take cash out of a bank, you hinder the bank-Fed-state combine, and perform a public service. Joe and Lew also discuss the problems of the current money and banking system, how shaky it is, and what a free market alternative would look like.

Fundamentals of Economic Analysis: A Causal-Realist Approach MP3CD
More from Joe Salerno: Daily Articles, Literature, Media, and a book coming out soon, Money: Sound and Unsound.