Re:Coinbase S-1
by koonsolo on Thursday February 25, 2021 @09:24AM
(#26263041)
> No money creation at banks is not controlled by central bank monetary policy
There is in fact an upper limit set by the fractional reserve. I see US has abolished that limit right now (March 2020), but when they would set it to 100%, there would be no money multiplying at all.
There is in fact an upper limit set by the fractional reserve. I see US has abolished that limit right now (March 2020), but when they would set it to 100%, there would be no money multiplying at all.