Banks are currently able to loan out $10 for every $1 they take in from deposits. This devalues the currency by 90% on a yearly basis. This ten dollars is often used to purchase real world goods by banks’ clients,… Read more…
Banks are currently able to loan out $10 for every $1 they take in from deposits. This devalues the currency by 90% on a yearly basis. This ten dollars is often used to purchase real world goods by banks’ clients,… Read more…