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That’s a lot of words to intentionally obfuscate the simple fact that banks don’t have the money on hand to allow every depositor to simultaneously withdrawal t
by jonathankoren 3y ago
That’s a lot of words to intentionally obfuscate the simple fact that banks don’t have the money on hand to allow every depositor to simultaneously withdrawal their money.
- dragontamer 3y agoIt's important to know the difference if you hope to fix the system. Blaming fractional reserve banking for something totally unrelated will help nobody.
- jonathankoren 3y agoThat wasn’t the point.