Murray Rothbard Quotes

Fractional reserve banks are sitting ducks and are always subject to contraction. When the banks' state of inherent bankruptcy is discovered, for example, people will tend to cash in their deposits, and the contractionary, deflationary pressure could be severe.

Murray Rothbard

Recitation: by Male by Female

Author Biography

  • Author Profession: economist
  • Nationality: american
  • Birth: March 2, 1926 - January 7, 1995

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