What's your opinion on fractional reserve banking, in general? How much does the fractional reserve aspect matter?
-
-
It would probably be fine if fractional reserve banks had some modicum of discipline. Kept the ratio to 4:1 or something. In reality the moral hazard always wins and the legal limit on American banks is 100:1 Repeat: just the legal limit.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.