Audio Mises Daily

Home | Mises Library | Do We Need a Lender of Last Resort?

Do We Need a Lender of Last Resort?

  • Audio Mises Daily
0 Views

Tags Booms and BustsCorporate WelfareThe FedInterventionism

10/20/2014Nicolás Cachanosky

Efficient banks have many options for lenders and credit when banking crises hit. It's the inefficient and insolvent banks that must turn to a central bank, writes Nicolás Cachanosky. But do we really want central banks that reward insolvency and encourage inefficiency? This audio Mises Daily is narrated by Keith Hocker.

Shield icon interview