What is Money? (and how is it corrupted?), with Robert Bonomo

Today's guest Robert Bonomo authored an article, 'The Moral Hazard of Modern Banking' where he explains both what money is and how it has been corrupted. In this interview I get Robert to explain concepts I find challenging, like 'fractional reserve', at a pace I could keep up with. I hope that in doing so we created something that anyone can understand.

 

Read Robert's article, The Moral Hazard of Modern Banking

The Mystery of Banking, by Murray Rothbard, explains the origins of money within around the first twenty pages

 

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