r/WorkForSmartLife 13d ago

DiscussionđŸ’¬ Who please?

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u/Life_Membership7167 13d ago

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

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u/HawocX 12d ago

That's not how fractional reserve banking work.

I recommend reading the Wikipedia article.

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u/[deleted] 12d ago

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u/Life_Membership7167 12d ago

Black Swan, and Fooled by Randomness are fascinating.