No Banker Left Behind! 'The Curse of Fiat Money'

Mises Institute
Sep. 14, 2010

It may come as a surprise to many, but the relative size of the US commercial-banking industry has not declined following the so-called credit-market crisis, which developed in the second half of 2007. On the contrary, it has increased since then. While nominal GDP rose 4.2% from the second quarter of 2007 to the second quarter of 2010, banks' total assets rose 18.4%.

Read More













All original InformationLiberation articles CC 4.0



About - Privacy Policy