Bitcoin and Austrian Economics

By August 27, 2014Bitcoin Business

bitcoin hand This is a guest post by Ben Best Bitcoin and Austrian Economics

Austrian Economists are harsh critics of government central banks (such as the Federal Reserve System of the United States – a name intended to obscure its role as a central bank, unlike the Bank of England). Austrian Economists can also be very critical of fractional reserve banking, the practice of lending money in greater quantity than the amount of […]

Leave a Reply

All Today's Crypto News In One Place