# Ep. 529 The Walls Are Contracting on George Selgin's Credit

Page: https://stenobird.com/podcast/bob-murphy-show-550403/ep-529-the-walls-are-contracting-on-george-selgin-s-credit
Text version: https://stenobird.com/podcast/bob-murphy-show-550403/ep-529-the-walls-are-contracting-on-george-selgin-s-credit.md
Podcast: [Bob Murphy Show](https://stenobird.com/podcast/bob-murphy-show-550403)
Published: 2026-08-31T13:00:00+00:00
Episode link: https://www.bobmurphyshow.com/ep-529-the-walls-are-contracting-on-george-selgins-credit
Audio file: https://episodes.captivate.fm/episode/0a731e09-a52b-4150-9b0a-72563f3604a5.mp3
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JSON: https://stenobird.com/v1/public/podcasts/bob-murphy-show-550403/episodes/ep-529-the-walls-are-contracting-on-george-selgin-s-credit
Duration seconds: 2908

## Resource

Taking a recent Twitter exchange as a springboard, Bob argues that George Selgin has unwittingly conceded the entire argument they had at the SoHo Forum: namely, fractional reserve banking by its very essence causes a mismatch between the community's saving and the funds made available for loans via the banks.

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## Transcript

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