The Walls Are Contracting on George Selgin's Credit

Podcast: Bob Murphy Show · Robert Murphy

Opublikowano: 2026-08-31

Taking a recent Twitter exchange as a springboard, Bob argues that George Selgin has unwittingly conceded the entire argument they had at the SoHo Forum: namely, fractional reserve banking by its very essence causes a mismatch between the community's saving and the funds made available for loans via the banks. Mentioned in the Episode and Other Links of Interest: Keith Vencel's new book, A New Monetary System.The SoHo Forum debate between Selgin and Murphy.Selgin's posts on ABCT and FRB (one and two).Bob's Human Action episode on Mises and FRB.Bob's QJAE article on...