Conversation About Fractional Reserve Banking

Here is an interesting informal conversation about fractional reserve banking between me and S. Read from the bottom up, in order to get the gist of this material. From: Walter Block [mailto:walterblock@business.loyno.edu] Sent: Friday, March 11, 2016 12:33 AM To: S Subject: RE: Against Fiduciary Media There’s also the fact that I am on record in maintaining that people can only own property, but not its value: Hoppe, Hans-Hermann and Walter E. Block. 2002. “Property and Exploitation,” International Journal of Value-Based Management, Vol. 15, No. 3, pp. 225-236; <http://www.mises.org/etexts/propertyexploitation.pdf http://www.mises.org/etexts/propertyexploitation.pdf So, maybe no one else can sue for fraud on … Continue reading Conversation About Fractional Reserve Banking