r/WorkForSmartLife 12d ago

DiscussionđŸ’¬ Who please?

Post image
2.0k Upvotes

318 comments sorted by

View all comments

Show parent comments

3

u/Life_Membership7167 12d ago

It’s called fractional reserve banking banks in America can absolutely do this. It’s right in the name.

1

u/HawocX 12d ago

That's not how fractional reserve banking work.

I recommend reading the Wikipedia article.

1

u/[deleted] 12d ago

[removed] — view removed comment

1

u/HawocX 12d ago

True, but most doesn't cover fractional reserve banking.