Ron Paul: Banks Should Stop Hiding from Free-Market Regulation

by Ron Paul Last week my subcommittee held a hearing on fractional reserve banking and the moral hazard created by government (taxpayer) insured deposits. Fractional reserve banking is the practice by which banks accept deposits but only keep a fraction of those deposits on hand at any time. In practice, …

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End The Fed & Consider Outlawing Fractional Reserve Banking

Channel: CNBC Show: Squawk Box Date: 11/13/2009 Joe Kernen: But Chris Dodd has a bill taking aim at the Fed. The overhaul bill that he proposes would reduce the role of the Federal Reserve. However, Congressman Ron Paul has been on that crusade for some time now, calling for more …

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