Mises Wire
Author:
Frank Shostak
Online Publish Date:
the likelihood of discovering fractional-reserve lending increases when banking is competitive. As the number of banks rises and the number of clients per bank but are a response to the shrinking pool of savings brought on by easy monetary policy. The shrinking pool of savings leads to the decline in the credit out of thin is declining. Current banking crisis is in response to the previous loose monetary policies The present framework of fractional reserve lending and central banking