Everything you need to know about Fractional Reserve Banking.

All credits: Genesis Mining on the Medium platform. 

Why should this subject even interest you? Well unless you have absolutely no savings in a bank, it should because it explains how much of your money actually still (or was) stored there.

The only addition I can add to this very well written 12 November 2019 blog is a 26th March 2020 U.S. Federal Government decision,…. that kind of changes the meaning and name of this form of banking, from…

‘Fractional Reserve Banking’ to ……

‘Zero Reserve Banking’!!



Published by wiseguy2016

Life begins at fifty something

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