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Home | Mises Library | Is the US Banking System a House of Cards Waiting to Topple?

Is the US Banking System a House of Cards Waiting to Topple?

Audio Mises Wire

Tags Booms and BustsMonetary PolicyMoney and BanksU.S. EconomyMoney and Banking

09/22/2023Doug French
Narrator: 
Millian Quinteros

Decades of low interest rates have ruined saving in the US economy, and banks are going to pay dearly for it.

 

 

Original Article: Is the US Banking System a House of Cards Waiting to Topple?

Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
Author:

Doug French

Douglas French is President Emeritus of the Mises Institute, author of Early Speculative Bubbles & Increases in the Money Supply, and author of Walk Away: The Rise and Fall of the Home-Ownership Myth. He received his master's degree in economics from UNLV, studying under both Professor Murray Rothbard and Professor Hans-Hermann Hoppe.

Creative Commons Licence
 
Original Article: 
Is the US Banking System a House of Cards Waiting to Topple?