2 ms·
The Bank of England explains why the fractional reserve mental model of banking is not really accurate. See https://www.bankofengland.co.uk/-/media/boe/files/q
by MatteoFrigo 4y ago
The Bank of England explains why the fractional reserve mental model of banking is not really accurate. See
https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy.pdf?la=en&hash=9A8788FD44A62D8BB927123544205CE476E01654 https://www.bankofengland.co.uk/-/media/boe/files/quarterly-...