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The problem with this take is fractional reserve is really good for the economy because it expands the money supply. The problem with a bank that holds 100% of
by adgjlsfhk1 4y ago
The problem with this take is fractional reserve is really good for the economy because it expands the money supply. The problem with a bank that holds 100% of the money is that it has to charge it's customers to use it, so they won't get customers.