4 ms·
> Can you explain why this is bad? People lived with hard-ish money systems for extremely long periods of time. Fractional reserve banking has been the dominan
by karpierz 4y ago
> Can you explain why this is bad? People lived with hard-ish money systems for extremely long periods of time.
Fractional reserve banking has been the dominant form of banking for the last 300 years, and has roots well beyond that.