8min chapter

LEOTHEPANTHERA cover image

An Introduction to Austrian School Economics - Godfrey Bloom

LEOTHEPANTHERA

CHAPTER

The Flaws of Modern Banking and the Legacy of Gold

This chapter explores the historical transition from the gold standard and critiques modern banking practices, particularly the manipulation of gold investments. It outlines the issues of fractional reserve banking and the unsustainable nature of the current global financial system.

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