> The Swiss National Bank will still have fractional reserves and will reserve the right to create physical and electronic money. So isn't that a good thing? F

> The Swiss National Bank will still have fractional reserves and will reserve the right to create physical and electronic money. So isn't that a good thing? For the banks? It depends on how quickly the central bank is going to loan them new money. For the bank's customers who want their easy loans? Best case scenario - nothing changes, worst case - loans are now harder to get because the central bank is shy about increasing the money supply.