The Mystery of Banking is not just another book on banking. It pulls back the curtains that hide the flaws of fractional-reserve banking and explains the differences between loan banks and deposits banks.
Friday, the FDIC closed eight banks, three in Florida, two in California, and one in each of three other states: Michigan, Massachusetts and Washington. So far this year, the FDIC has closed fifty banks, which puts it on pace to match last year’s 140 closures. To put this in perspective, in 2008 there were only
The seminar was as stimulating and informative as expected. What surprised me was the humor with which most speakers delivered such important and grave messages. The seminar also was as well-run as I expected. The talks can be downloaded from the Mises website. The links are provided below. Further, CDs will be available at a
Mises Institute to hold seminar in Phoenix, AZ Saturday, April 10, 2010. Five authorities on money to speak to the dangers of monetary debasement and how it can lead to despotism.