Web resources
Fractional reserve banking
Full reserve banking is also known as 100% reserve banking

A collection of resources for anyone interested in this alternative monetary system.

Some people dismiss Full Reserve Banking (the opposite of Fractional Reserve Banking) as a crazy system not taken seriously by any leading economists. This is entirely false. As recently as 2010, Mervyn King, the governor of the Bank of England, said in a letter to a full reserve banking supporter...

You might be aware that I have said publicly that I think ideas in this spirit - such as those advocated by John Kay - certainly merit serious consideration in the debate as to how we reform our financial system. I remain sympathetic to these views.

If the governor of the Bank of England takes its seriously, then perhaps we all should. The purpose of this website is to be a starting point for anyone wishing to research this common sense, rational and quite practical banking system. Had we had Full Reserve Banking in place all along, it is almost certain that the financial crash of 2007/2008 and its lingering aftermath would never have occurred.

New! New crop of articles sparked by Martin Wolf's support for full reserve banking. (synopsis here)
Why I disagree with Martin Wolf and Positive Money Ann Pettifor
A reply to Ann Pettifor: Why there will be no "shortage of money" Positive Money
Is A Banking Ban The Answer? Paul Krugman
A Response to Paul Krugman on "Is Banning Banking the Answer?" Positive Money
Conservative Economist Wants To Basically Ban Banking Mark Gongloff, Huffington Post
Toward a run free financial system John H Cochrane
Stopping Bank Crises Before They Start John H Cochrane
The Best Way to Save Banking Is to Kill It Matthew Klein
BAN ALL THE BANKS: Here's The Wild Idea That People Are Starting To Take Seriously
Strip private banks of their power to create money
‘The Chicago Plan’ does not deserve to be revisited.
Comments on Martin Wolf’s banking article Warren Mosler
Prominent Economists Call for End to Fractional Reserve Banking Zero Hedge - (good links)
Money creation is too vital to be left to the state Philip Booth, Institute for Economic Affairs
Response to Philip Booth by Positive Money
Bankers have done a good job of creating money Jeramy Warner, Telegraph
Neither profit-seeking bankers nor vote-seeking politicians can be trusted with the power to create money reply to Jeramy Warner
Prohibition didn't work for liquor — so why ban banking? John Aziz, The Week
Is full-reserve banking really that hard to understand? (A reply to John Aziz)
New! The Green Party (UK) has just voted to switch to full reserve banking!
New! Check out the new umbrella organisation for monetary reform groups around the world International Movement for Monetary Reform.
Check out our sister site FractionalReserves.com.

IMF produce paper extolling the virtues of full reserve banking.
Laurence Kotlikoff on "Limited Purpose Banking" - a form of full reserve banking

Khan academy on how full reserves work.

Debt Free Money * Limited Purpose Banking * Islamic Banking * Alternative Currencies * Bitcoin * Monetary Reform * The Gold Standard * Commodity Money * Money as Debt * Monetary Systems * Fiat Money * Narrow Banking * Chicago Plan
Read "What Went Wrong with Economics" for a more detailed examination of
how our current fractional reserve system leads to economic instability →