Re:EU-wide maximum limit of €10K for cash payments
by CraigJPerry on Sunday December 11, 2022 @07:53AM
(#33942741)
>> Even loans don't create money: the issuing bank have the amount subtracted from its reserves
Not even the old system (fractional reserve) referred to in the fed link above works that way. The new system deletes what was left of fractional reserve policy.
Not even the old system (fractional reserve) referred to in the fed link above works that way. The new system deletes what was left of fractional reserve policy.