4 ms·
> No money creation at banks is not controlled by central bank monetary policy There is in fact an upper limit set by the fractional reserve. I see US has abo
by koonsolo 6y ago
> No money creation at banks is not controlled by central bank monetary policy
There is in fact an upper limit set by the fractional reserve. I see US has abolished that limit right now (March 2020), but when they would set it to 100%, there would be no money multiplying at all.