4 ms·
That's not how the fiat system works out (there's no borrowing from the federal reserve). You deposit $10, they loan out $9, which ultimately ends up back in a
by infinite8s 11y ago
That's not how the fiat system works out (there's no borrowing from the federal reserve). You deposit $10, they loan out $9, which ultimately ends up back in a bank account to be further loaned out.