Wednesday, April 19, 2023
What Is Fractional Reserve Banking and Is It Good or Bad? | Peter Jacobsen
What Is Fractional Reserve Banking and Is It Good or Bad? | Peter Jacobsen: Ever wondered what happens to your money when it gets deposited at the bank? Or maybe you’ve just always assumed that the bank keeps it all on hand? Think again. Typically, banks do not typically keep 100% of deposits on hand.
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