Fractional Reserve Banking, Present Discounted Value, and the Austrian Business Cycle Theory

Tags: Austrian Economics Overview, Business Cycles, The Fed

10/19/2023 Walter Block

Recorded at the Mises Institute Supporters Summit in Auburn, Alabama, 12-14 October 2023. Sponsored by Thomas and Lisa Dierl.

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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