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Cliff Trewin September 17th, 2009 at 4:58 pm
Isn’t Rothbard inconsistent when he regards fractional reserve banking as embezzlement and he regards short-selling as a legal and benign form of investment? Don’t brokers lend the shares of people who not given permission to the short sellers?
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Cliff Trewin
September 17th, 2009 at 4:58 pm
Isn’t Rothbard inconsistent when he regards fractional reserve banking as embezzlement and he regards short-selling as a legal and benign form of investment? Don’t brokers lend the shares of people who not given permission to the short sellers?