https://www.youtube-nocookie.com/embed/N0VOodu-f98
Further reading:
The Great Fractional Reserve/Free Banking Debate compiled by Stephan Kinsella
Understanding the Rothbardian Critique of Free Banking by Kristoffer Mousten Hansen
In favour of 100% reserves:
Fractional Reserve Free Banking: Some Quibbles by Philipp Bagus & David Howden
Unanswered Quibbles with Fractional Reserve Free Banking by Philipp Bagus & David Howden
Still Unanswered Quibbles with Fractional Reserve Free Banking by Philipp Bagus & David Howden
Monetary Equilibrium and Price Stickiness: Causes, Consequences and Remedies by Philipp Bagus & David Howden
Monetary equilibrium and price stickiness: A rejoinder by Philipp Bagus & David Howden
More Than Quibbles: Problems with the Theory and History of Fractional Reserve Free Banking by Robert P. Murphy
The Concept of Coordination in Austrian Macroeconomics by Joseph T. Salerno (Chapter 7 in Money, Sound and Unsound)
In favour of fractional reserves:
Mere quibbles: Bagus and Howden’s critique of the theory of free banking by George Selgin
On not doing due diligence: Bagus and Howden on free banking by Anthony J. Evans & Steven Horwitz
Monetary equilibrium and price stickiness reconsidered: A reply to Bagus and Howden by William J. Luther & Alexander W. Salter
Monetary equilibrium by Joshua R. Hendrickson
See also:
Full Reserve Banking versus the Real Bills Doctrine by Philipp Bagus
