Free Market
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
The Free Market 16, no. 11 (November 1998) As the world financial system entered a state of collapse, commentators said that Russia had traded the shortages of socialism for the bank runs and financial panics of capitalism. In fact, modern finance and banking are built on unstable, socialistic foundations. Central Banking . Earlier in this