misesmedia | Rushing for the Financial Exits | Mark Thornton @misesmedia | Uploaded June 2024 | Updated October 2024, 10 hours ago.
Mark Thornton looks at the potential for everyone to run for the exits in the financial markets. In the absence of a gold monetary system and full reserve deposit banking, only the Fed can engineer economy-wide liquidity crises or fundamental crises.
Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at Mises.org/IssuesFree
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Mark Thornton looks at the potential for everyone to run for the exits in the financial markets. In the absence of a gold monetary system and full reserve deposit banking, only the Fed can engineer economy-wide liquidity crises or fundamental crises.
Order a free paperback copy of Murray Rothbard’s What Has Government Done to Our Money? at Mises.org/IssuesFree
Follow Minor Issues at Mises.org/MinorIssues