Murray Rothbard Was Right: Deposit "Insurance" Is Not Insurance at All

Murray Rothbard Was Right: Deposit “Insurance” Is Not Insurance at All

Tags: Money and Banks

10/27/2022 Douglas French

Insurance protects individuals from events that cannot be foreseen. As Murray Rothbard noted, however, deposit insurance exists to “protect” a system that is inherently bankrupt.

Original Article: “Murray Rothbard Was Right: Deposit “Insurance” Is Not Insurance at All”

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