Murray Rothbard - The expansionary operations of the Second Bank of the United States, coupled with ...

Murray Rothbard Zitate

The expansionary operations of the Second Bank of the United States, coupled with its laxity toward insisting on specie payment by the state banks, impelled a further inflationary expansion of state banks on top of the spectacular enlargement of the central bank. Thus, the number of incorporated state banks rose from 232 in 1816 to 338 in 1818.

Murray Rothbard

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Deutsche Übersetzung

Die expansiven Operationen der Zweiten Bank der Vereinigten Staaten, zusammen mit ihrer Nachlässigkeit gegenüber den staatlichen Banken, auf Artenzahlungen zu bestehen, trieben die Inflation der Staatsbanken zusätzlich zu der spektakulären Erweiterung der Zentralbank weiter an. So stieg die Zahl der eingebundenen Staatsbanken von 232 im Jahre 1816 auf 338 im Jahr 1818.

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