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If one actually reads this article (and other links on Wikipedia) one would realize that "fractional reserve banking" is irrelevant in the modern economy. In t
by aguyfromnb 7y ago
If 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.