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Idiot's Guide to Austrian Economics

MishTalk

Tamny : The problem here is that the Austrians don’t stop at merely seeking an end to bailouts, Fed lending from its discount window, and while it’s largely bank financed, privatization of the FDIC. Those that took place in 2008, and long before that, were an abomination that weakened the banking system.

Banking 78
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Iceland Ponders Radical Money Plan Including Elimination of Fractional Reserve Lending and Deposit Insurance

MishTalk

The proposal, which would be a turnaround in the history of modern finance, was part of a report written by a lawmaker from the ruling centrist Progress Party, Frosti Sigurjonsson, entitled "A better monetary system for Iceland". Please consider a snip from the eBook What has Government Done to Our Money? The answer is zero.