Freedom

Is Citigroup the Dumbest Bank Ever?

September 19, 2014 0

by John Rubino Back in 2006, when the housing bubble was entering its truly (and obviously) manic phase, mega-bank Citigroup was being pressured by Wall Street to grow faster. And rather than pushing back against what […]

Wealth Abuse

Is Your Checking Account a Deposit Contract?

August 11, 2014 0

By Jeff Deist The blogger Bionic Mosquito has a post relating to today’s Mises Daily article on fractional reserve.  Mosquito makes that point that modern deposit contracts are not bailments, with the depositor retaining ownership. Instead, the individual depositor in […]

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