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- Search found 2 items for:
- Gold Standard
- Monetary Theory
- 2013
Mises Daily
Author:
Patrick Barron
Online Publish Date:
Understanding today’s convoluted domestic and international fiat monetary system frankly requires a great deal of time and study. One must understand fractional reserve banking, and the way this system affects the money supply. One must understand the multi-step process by which banks create money out of thin air. One must understand central bank