Institutional Fish

October 24, 2014 0

The Automatic Earth   Jack Delano. Cars being precooled at the ice plant, San Bernardino, CA Mar 1943  Large and/or institutional investors, your pension funds, your market funds, you name them, have one glaringly obvious and immense […]

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 […]