Re:A quick breakdown of what SWIFT is and why it matters
by mohanmcgeek on Friday February 25, 2022 @03:57PM
(#30472297)
> with full reserve banking. If banks make any loans at all
These are contradictory. The banks with full reserve banking can't make loans from easily withdrawable deposits. They can do that only with term deposits that can't be withdrawn for a specific period
These are contradictory. The banks with full reserve banking can't make loans from easily withdrawable deposits. They can do that only with term deposits that can't be withdrawn for a specific period