Talk:Full-reserve banking

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Articles for deletion This article was nominated for deletion on September 29, 2006. The result of the discussion was keep.

Find sources: "Full-reserve banking" – news · newspapers · books · scholar · JSTOR · free images

Current examples[edit]

— Preceding unsigned comment added by 92.56.105.219 (talkcontribs) 16:12, 12 September 2013‎ (UTC)
The link you've added does not work as a reference because of its' promotional nature. We need WP:SECONDARY sources. – S. Rich (talk) 17:21, 12 September 2013 (UTC)
AFAIK secondary sources may be preferable to primary ones, but primary ones are not barred altogether. Also note the claim being made is not that "full reserve banks are common", but merely "they exist". Reissgo (talk) 06:59, 29 September 2013 (UTC)

History section[edit]

Currently the history section only contains "For more details on this topic, see Fractional reserve banking#History".. but that link scarcely tells you anything about the history of full reserve banking. I propose that the link should be zapped, and replaced with a history of proposals for full reserve banking systems. Something like this (with proper references added of course):

   1933 The Chicago plan
   1935 Irving Fisher, "100% Money"
   1939 A Program for Monetary Reform 
   1948 A Fiscal and Monetary Framework for Economic Stability - Milton Friedman
   1960 A Program for Monetary Stability Milton Friedman
   1987 James Tobin, "The Case for Preserving Regulatory Distinctions"
   2000 Creating New Money New Economics Foundation
   2009 The Reform of Banking Regulation John Kay
   2010 National Emergency Employment Defense Act 

What do you think? All those in favour please speak up. I don't want to add it without support, because I know some people will be hostile to the idea. Reissgo (talk) 22:26, 19 October 2013 (UTC)

  • Oppose - you'll need to find an WP:RS citation which summarizes the history in that way. We aren't allowed to cobble together our own narratives. SPECIFICO talk 22:35, 19 October 2013 (UTC)
  • Oppose - This is a clear case of WP:OR. Please read up on this. MilesMoney (talk) 23:07, 19 October 2013 (UTC)
Ok, I take your points. How about if instead it was in a section headed "Some example proposals" or similar..? Reissgo (talk) 23:28, 19 October 2013 (UTC)

currently no full reserve banking system in existence[edit]

I removed the sentence saying "currently no full reserve banking system in existence" as it was not sourced. SPECIFICO then undid my edit claiming the statement was uncontroversial, and challenging me to find a counterexample... This is quite interesting because some time ago I wanted to explain that all proposals for full reserve banking systems allow money stored in time deposits to be lent out. I think its plain obvious and uncontroversial. But was not allowed, because I couldn't find a citation. At the time I challenged the editors to find a counterexample and they could not - but I was still not able to make my edit. If you want to have "currently no full reserve banking system in existence" because I can't find a counterexample then I should be allowed to have "all proposals for full reserve banking systems allow money stored in time deposits to be lent out" if you can't find a counterexample. Do we have a deal? Reissgo (talk) 23:19, 19 October 2013 (UTC)

You need to find a RS statement that the government of country X requires 100% reserves for all banks. SPECIFICO talk 23:31, 19 October 2013 (UTC)
You appear to have ignored my discussion. You need to find a RS statement that says this proposal for full reserve banking does not permit lending of money stored in time deposits. Reissgo (talk) 23:34, 19 October 2013 (UTC)

COPIED PRIMARY SOURCE LIST FROM TALK[edit]

Proposals for full reserve banking systems[edit]

Proposals for reforming the banking system that incorporates some aspect of full reserve banking systems:

We need secondary RS references as to significant views and proposals. This is a primary source list. SPECIFICO talk 01:43, 6 May 2014 (UTC)
This is not so much a "list" as a random set of examples. It is not intended to be, or presented as, comprehensive. I don't believe that wikipedia insists that a small collection of examples needs to exist previously in a secondary source, so I am reverting your bold edit of the long standing text. Reissgo (talk) 08:08, 6 May 2014 (UTC)
A "random set of examples" is pretty much a textbook example of original research based on primary sources.Volunteer Marek (talk) 08:32, 7 May 2014 (UTC)
What about the set of links in "See also", who chose them? Isn't that a random set of links? Is there a RS source that has exactly that set of links? If not then perhaps you should delete that entire section as original research. Reissgo (talk) 18:03, 7 May 2014 (UTC)
Please read the applicable policy on 'see also' lists. SPECIFICO talk 19:22, 7 May 2014 (UTC)

Did Fisher support full reserve banking[edit]

It is my understanding that Irving Fisher did more than just "discuss" full reserve banking, as stated in the lede. The word discussed, could be misconstrued. Someone could discuss something they don't like. But Fisher wrote multiple documents over a period of years where he clearly supports full reserves. If there are no reasonable counter arguments I will change the word "discussed" to "proposed". Reissgo (talk) 19:32, 7 July 2014 (UTC)

Find secondary reliable sources for any broad characterization of Fisher's work. If this is a noteworthy fact, you should have no problem finding mainstream discussion of Fisher's "proposal" in academic and news publications. SPECIFICO talk 19:38, 7 July 2014 (UTC)
That was easy. The very first place I looked talked about the "1939 proposal — spearheaded by the famous economist Irving Fisher". So that is a citation for both the fact that it was a proposal, and there was more than one date. Reissgo (talk) 23:20, 7 July 2014 (UTC)
    • ^ Friedman, Milton (1960). A Program For Monetary Stability. Fordham University Press.