2 ms·
Of course a gold standard would limit the creation of money, but the ability of banks to increase the money supply would still exist under fractional-reserve ba
by andrevvo 10y ago
Of course a gold standard would limit the creation of money, but the ability of banks to increase the money supply would still exist under fractional-reserve banking.
https://en.wikipedia.org/wiki/Fractional-reserve_banking https://en.wikipedia.org/wiki/Fractional-reserve_banking