> Or that, even if the bank has a hard limit to how much they can loan out to the amount they hold in reserves in the central bank Reserves haven't been a limi

> Or that, even if the bank has a hard limit to how much they can loan out to the amount they hold in reserves in the central bank Reserves haven't been a limit for a while: * https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1905625 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=1905625 * https://rationalreminder.ca/podcast/132 https://rationalreminder.ca/podcast/132 Some countries haven't had reserve limits for decades: * https://en.wikipedia.org/wiki/Reserve_requirement#Canada https://en.wikipedia.org/wiki/Reserve_requirement#Canada