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> everybody just takes their word that they have the cash backing up the 1:1 ratio Most people dont care if they have full reserve. I dont care if there is ful
by spurdoman77 6y ago
> everybody just takes their word that they have the cash backing up the 1:1 ratio
Most people dont care if they have full reserve. I dont care if there is full reserve at my bank. I care that there is enough reserves.
- lupire 6y agoBanks dont base their entire operation on a lie that they have 100% reserves. And the exact reserves are audited.