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Peter's Blog

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Posts Tagged: “fractional reserve banking“

October 10, 2025 Guest Commentaries

The State’s Endless Quest for a Free Lunch

Through its insistence on controlling the money supply, the modern state has turned coin clipping and rank monetary debasement into exalted progressive doctrine. The state’s printing of new money seems like a “free lunch,” but we all know that there’s no such thing. The following article was originally published by the Mises Institute. The opinions […]

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July 29, 2024 Guest Commentaries

Inflation Drives Inequality

Government bailouts are surging, converting temporary bank-created money into permanent inflation. This inflation hurts the poor and benefits well-connected banks, driving inequality.