2min chapter

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Unpacking Mises: Fractional Reserve Banking and the Currency School

The Human Action Podcast

CHAPTER

Exploring the Currency School and Its Financial Principles

This chapter explores the historical banking debates in Great Britain during the 1820s to 1840s, focusing on the principles of the currency school that advocated for a strict gold or silver standard. It also examines Mises' critiques of the currency school's approach and its impact on economic growth and financial stability.

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