News for hackers. Stuff that matters.
Re:The economics of all-you-can-eat buffets by chii on Monday January 27, 2020 @08:03AM (#22158858)
A bank can lend out more than the total deposits they have under fractional reserve banking. This is literally creating new money.
Re:The economics of all-you-can-eat buffets by superkuh on Monday January 27, 2020 @11:09AM (#22160599)
Yep. The majority of the M0 money supply is created through fractional reserve banking as debt.