Fractional Reserve Banking

neurosport

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http://austrianenginomics.com/TheFractionalReserveBankingParadox.pdf

Russell Randall talks about the Cons and Pros of Fractional Reserve Banking in general as well as the system we have in particular.

"It is of utmost importance that a few banks take unwarranted risks every year and GO BUST,
thus harming depositors who entrusted their savings to the bank."
 
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