2 ms·
>With the fractional reserve banking in place as todays standard the Federal Reserve just print more notes when needed to bail the banks. The Federal Reserve d
by navigatesol 7y ago
>With the fractional reserve banking in place as todays standard the Federal Reserve just print more notes when needed to bail the banks.
The Federal Reserve doens't simply print notes and drive them over to the banks. There's an asset exchange that takes place.