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Fractional reserve banking doesn't really exist anymore. There are reserve requirements in many countries, but they exist in order to prevent the banks from hol
by soVeryTired 9y ago
Fractional reserve banking doesn't really exist anymore. There are reserve requirements in many countries, but they exist in order to prevent the banks from holding too many liquid assets, rather than putting a ceiling on the amount of loans it can make.
But in Canada and the UK, the reserve requirement is zero.