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Tagged: fractional reserve
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How Banks Create Money Out Of Thin Air – The Fractional ReserveIn the current economic downturn, banks seem to be the biggest target of scorn and hate from the public. It seems that all the worlds’ money worries are down to the banks’ suspect practices and gambling with money which isn’t theirs, and may not even exist at all. Who or what is to blame here;…Read the story →More sections
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