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Talk:Criticism of fractional reserve banking

From The Austrian Economics Wiki, the global repository of classical-liberal thought

The page needs a remake

Okay. This page needs a serious makeover. With way over 200 kBytes and 500 references it has turned into an unreadable monster. It should be cut in half at least.

Suggestions:

  • Clarify what is the purpose of this page - and stick to it.
  • Neutrally summarize the subject criticized.
  • Sort the critiques into distinctive groups, if possible.
  • Cut down on the emotional calls against the phenomenon. Feels good, doesn't help.
  • There is a lot of criticism of the most varied government interventions of unknown relevance. Cut it out.
  • FRB may be bad, but it doesn't run the world.

Oh and... references:

  • It's good to have many of those, but 500?
  • Find the best representatives for a given statement.
  • Please watch out for using multiple references for a single point. In one place I've noticed 12(!)

I admit I didn't read all of it - it's simply too hard for me, sorry. I overlooked this for a long while and now I can't even figure out what the main criticisms are, which of them are Austrian and where to pick up the arguments. Pestergaines 02:27, 30 September 2011 (MSD)

The monster is not the article but rather the fractional reserve system itself :-). I agree though. Response and suggestions to be found here. Perhaps clean up slowly over time, when the mood takes you, in between watching riots on Wall Street and in Athens... - Karmaisking 08:13, 9 October 2011 (MSD)