We have not operated fractional reserve banking for generations. A bank today can give out loans and mortgages without any assets. https://positivemoney.org/2

We have not operated fractional reserve banking for generations. A bank today can give out loans and mortgages without any assets. https://positivemoney.org/2011/04/monetary-reform-myths-1-10/ https://positivemoney.org/2011/04/monetary-reform-myths-1-10...