Skip to main content
Commercial banks - that is, fractional reserve banks - create money out of thin air. Essentially, they do it in the same way as counterfeiters.
Murray Rothbard
Create image
Share

What does this quote mean?

This quote can be used as a reminder to reflect, share encouragement, or express a thoughtful idea. Create a quote image or explore related quotes below.

Best used for

  • Instagram captions
  • Pinterest quote pins
  • Personal reflection
  • Speeches
  • Greeting cards

Caption suggestions

Instagram caption

"Commercial banks - that is, fractional reserve banks - create money out of thin air. Essentially, they do it in the same way as counterfeiters."
— Murray Rothbard #moneywealth

Pinterest title

Commercial banks - that is, fractional reserve banks - create money out of thin air. Essential…

Pinterest description

Commercial banks - that is, fractional reserve banks - create money out of thin air. Essentially, they do it in the same way as counterfeiters. — Murray Rothbard

About Murray Rothbard

Murray Rothbard was a Economist from United States (1926–1995).

Read more about Murray Rothbard →

Frequently Asked Questions

Who said "Commercial banks - that is, fractional reserve banks - create money out of thin…"?
This quote is attributed to Murray Rothbard, a Economist from United States.
When did Murray Rothbard live?
Murray Rothbard lived from 1926 – 1995.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.