Archived from the live Mises.tv broadcast, this lecture by Joe Salerno was presented at the Mises Circle in Manhattan: “Central Banking, Deposit Insurance, and Economic Decline.” Includes an introduction by Llewellyn H. Rockwell, Jr. Music by Kevin MacLeod.
Two sides to every headline
8.08 – This is not correct. For example all Greeks know the banks don’t have their money and yet there is no bank runs. Which makes we wonder what happened with Northern Rock….