Published on Mises Institute (https://mises.org)

Murray Rothbard Was Right: Deposit "Insurance" Is Not Insurance at All

English
Audio Mises Wire
Mises.org Publish Date: 
October 27, 2022 - 8:00 AM
Author 1: 
[1]

Insurance protects individuals from events that cannot be foreseen. As Murray Rothbard noted, however, deposit insurance exists to "protect" a system that is inherently bankrupt.

Original Article:  [2]" [3]Murray Rothbard Was Right: Deposit "Insurance" Is Not Insurance at All" [4]

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Media: 
Topics: 
Money and Banks [5]
Source URL:https://mises.org/library/murray-rothbard-was-right-deposit-insurance-not-insurance-all

Links
[1] https://mises.org/profile/doug-french [2] https://mises.org/wire/were-getting-poorer-price-inflation-grew-faster-wages-again-september [3] https://mises.org/wire/spend-now-and-deal-consequences-later-worst-policy [4] https://mises.org/wire/murray-rothbard-was-right-deposit-insurance-not-insurance-all [5] https://mises.org/topics/money-and-banks