Austrians, Fractional Reserves, and the Money Multiplier

Tags: Money and Banks

09/02/2014 Robert Batemarco

Austrian economists have been wrongly accused of many intellectual crimes when it comes to fractional reserve banking. Robert Batemarco adds some clarity to the debate.

This audio Mises Daily is narrated by Robert Hale.

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard.

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