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A comment on “I'd put ~20% chance that we are in the beginning stages of a banking crisis.”. Parent comment
Fractional should only be allowed if fully insured. which would make it cost inefficient, so they wouldn't do it.
and that should tell you something about fractional reserves...
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Fractional should only be allowed if fully insured. which would make it cost inefficient, so they wouldn't do it.
and that should tell you something about fractional reserves...