22 February 2016: Marketplace Morning Report Radio Interview About Fractional Reserve Banking

This morning an interview I did with Marketplace Morning Report‘s David Brancaccio aired. The subject was “fractional reserve banking,” or as David called it, “A story to end all business stories.” My part of the interview starts around minute four. Here is a link to the show…enjoy!

If you would like more information about fractional reserve banking – and, despite its obscure sounding name, I think you do – then you may enjoy the piece I wrote for CFA Institute.