About Economics: Fun with Fractional Reserve Banking...

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From Jodi Beggs, your Guide to Economics

Hi all,

I've gotten a number of requests asking for clarification on what a "fractional reserve" banking system is, so I wrote a bit about it and included it in the first link below. (Spoiler alert: a fractional reserve banking system is the system that we're all used to in the United States and many other countries.) Hope you enjoy!

Cheers,
Jodi

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