Re:Companies Use Borrowed Billions to Buy Back Stock, Not to...
by solotronics on Sunday August 11, 2019 @02:19AM
(#20666636)
"Saving in a bank expands the bank's ability to lend." Lending in modern banks is fractional reserve, they only have a fraction of what they send out in loans, there is literally no law or anything preventing them from typing on a computer and making way more loans than they have money.
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