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Ideas for an Alternative Monetary Future

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Ideas for an Alternative Monetary Future

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fractional reserves

100% reserves, Bank Capital, cash reserves, deposit insurance, fractional reserves
Banking Regulation, Financial Markets, Free Banking

Friday Flashback: Capital and Cash Reserves

George Selgin/August 12, 2016June 19, 2022

(Originally appeared on June 11, 2011.) I promise to make this my last post for a while concerning the matter of 100-percent versus fractional-reserve banking. However, in addressing some comments on my recent posts it occurred to me that some very serious misunderstanding is at play concerning…

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Free Banking, Money & Politics

A Free-Banking Fantasy

George Selgin/January 28, 2015June 19, 2022

Everyone fantasizes about something now and then. But even I was surprised (and not at all displeased) to discover that at least one person besides me–Warren Gibson–fantasizes about…free banking! Better yet, he's invited anyone who wishes to stroll down fantasy lane with him to witness his vision…

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Free Banking, The Fed & Central Banks

What Bank Intermediation Means

George Selgin/August 18, 2013June 19, 2022

As part of my relentless (some will say obsessive) quest to stamp-out fallacies perpetrated by the 100-percent reserve bunch, I found myself engaged in a discussion with some of them in the comments section of my last post. As the discussion took place some days after that…

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Free Banking, The Fed & Central Banks

A Theory of Banking Made Out of Thin Air

George Selgin/August 10, 2013June 19, 2022

Instances of self-styled Austrian economists bungling their banking theory seem almost as common these days as instances of theologians bungling their cosmology were six centuries ago.  One such instance, by the Cobden Centre's Sean Corrigan, occurs in the course of a long and meandering series of posts…

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Contributors

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Recent Posts

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About Us

Welcome to Alt-M, a community devoted to exploring and promoting ideas for an alternative monetary future. Our goal is to reveal the shortcomings of today’s centralized, bureaucratic, and discretionary monetary arrangements, and to bring serious consideration of real alternatives to the center stage of current monetary and financial reform debates.

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