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https://en.wikipedia.org/wiki/Fractional-reserve_banking https://en.wikipedia.org/wiki/Fractional-reserve_banking
by Kiro 7y ago
https://en.wikipedia.org/wiki/Fractional-reserve_banking https://en.wikipedia.org/wiki/Fractional-reserve_banking
- aguyfromnb 7y agoIf one actually reads this article (and other links on Wikipedia) one would realize that "fractional reserve banking" is irrelevant in the modern economy. In the EU and US, requirements are too low, and have too many exception to matter, while other advanced nations don't have reserve requirements at all.