June 28, 2012

Lawrence H. White Testifies on Fractional Reserve Banking

Lawrence H. White

Distinguished Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics and Economics

Lawrence H. White testified in the hearing entitled "Fractional Reserve Banking and the Federal Reserve: The Economic Consequences of High-Powered Money," on Thursday, June 28 before the House Subcommittee on Domestic Monetary Policy and Technology.