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Source link: http://archive.mises.org/12970/do-depositors-know-where-their-money-is/

Do Depositors Know Where Their Money Is?

June 15, 2010 by

The Cobden Centre polled 2,000 people on their attitudes toward their bank deposits, with the hope that the results would shed some light on the fractional-reserve banking issue. The results are mixed and demonstrate that most people are confused.

{ 5 comments }

newson June 15, 2010 at 10:19 am

looks like more educational spadework required for the free-bankers.

Abhilash Nambiar June 15, 2010 at 12:08 pm

This seems like a natural extension of this thread

http://blog.mises.org/12957/the-fractional-reserve-banking-question/#comments

SirThinkALot June 16, 2010 at 8:29 pm

I’m not really surprised…I think if people were more aware of how fractional reserve banking actuallu worked, they’d be much more leery of trusting banks with their money

panika2008 October 28, 2010 at 8:29 am

In-cre-dib-le and as-to-nish-ing!

Now, please poll a random group of 2000 people what they know about the details of combustion inside the engines of cars they drive daily. Or a group of 2000 about the aerodynamics governing the flight of aircrafts they use on their vacation flights.

mpolzkill October 28, 2010 at 9:00 am

All of *those* 4,000 would know that they are being taken for a ride.

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