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Replying to Avatar preston

“186 BANKS AT RISK OF BANKRUPTCY”- WSJ

But how, they’ve decided to backstop everything and honor the bonds at par 🤷‍♂️

How can anyone take this fractional reserve system seriously…

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nout 2y ago

Well, if the fraction is 0/100, that's what you get https://www.federalreserve.gov/monetarypolicy/reservereq.htm 😃

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