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Keywords: Fractional reserves
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Journal Articles
Journal of Economic and Administrative Sciences (2018) 34 (2): 123–136.
Published: 19 February 2018
...Laura Davidson; Walter E. Block Purpose The purpose of this paper is to correct Rozeff (2010). He contends that fractional-reserve banking is legitimate and efficacious. The authors demonstrate that it is not. Design/methodology/approach The design of this paper is to quote widely from Rozeff...

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