UK Proposal for Banking Reform: Fractional-Reserve Banking versus Deposits and Loans
[Cross-posted at Mises Blog (archived comments below] Austrians and others interested in fractional-reserve banking (FRB) will find of interest a banking reform about to be proposed in the UK. Douglas Carswell, an Austrian economics-informed member of the UK parliament for Clacton, is planning to introduce a so-called “Ten Minute Rule Bill” after Prime Minister’s Questions tomorrow […]
