Paper by Physicist modeling Fractional Reserve Banking
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Paper by Physicist modeling Fractional Reserve Banking
The paper is 62 pages long, I've browsed it, looks very interesting:
"Fractional Reserve Banking as Economic Parasitism"
http://129.3.20.41/eps/mac/papers/0203/0203005.pdf
Pages 3-6 have a well-written concise summary of the history of paper or fiat money.
Page 58-59 are brief comments on the bibliography.
"Fractional Reserve Banking as Economic Parasitism"
http://129.3.20.41/eps/mac/papers/0203/0203005.pdf
Pages 3-6 have a well-written concise summary of the history of paper or fiat money.
Page 58-59 are brief comments on the bibliography.
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