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reginaldo | 2 years ago

That the Austrian School is being singled out is particularly interesting right now, given that they are highly critical of fractional-reserve banking precisely because it might generate crises such as the one we're living through. Chapter 10 of the Core Econ book does not feature the word "fractional" and only talks about reserves and money creation in passing [0]

So I hope that, like the Index, you warning steers people towards instead of away from austrian aconomics :)

[0] https://www.core-econ.org/the-economy/book/text/10.html#108-...

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