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What happens when the person withdraws the million dollars? The bank only has 100k.
by colinmhayes 4y ago
What happens when the person withdraws the million dollars? The bank only has 100k.
- drexlspivey 4y agoAre you talking about physical paper currency? That’s totally a different issue. What happens if the original depositor deposited via a bank wire and you want to loan out $100 dollars in paper money? You just get some paper money from the FED. Same thing here.