3 ms·
Loaning gold isn't performing FRB on gold.
by ucaetano 8y ago
Loaning gold isn't performing FRB on gold.
- deleted 8y ago[deleted]
- jpmattia 8y ago> Loaning gold isn't performing FRB on gold. It is, in fact, exactly what fractional-reserve banking means: Loaning a fraction of your reserves. BTW: The exchanges are creating money by allowing margin: There is already a difference between M0 and M1 in the bitcoin economy.