Tag Archives: Is Risk-Free Banking Possible? What About Fractional Reserve Lending? 30-Year Mortgages?

Mish/ Mike Shedlock – Is Risk-Free Banking Possible? What About Fractional Reserve Lending? 30-Year Mortgages? – 22 September 2013

MishMikeShedlockReader “Nate” noted that Bloomberg columnist Megan McArdle stated that banning Fractional Reserve banking won’t work.

Nate asked “What would a future without fractional-reserve banking look like?”

Let’s start with a look at Megan McArdle’s article: Banking Without Risk Is Impossible. Continue reading