And he takes credit for being the first to "understand" fractional reserves when the Austrians and the scholastic from Spain had already everything about it. Why is he on media and not any Austrian like Hoppe that understands economics much better?

Yea Richard has some weird notions about banking and bitcoin. Hes pretty based but misguided imo. I would rather let banks fail but if youre gonna have them they should be focused on production not speculation. I think thats the fair steelman.