Monday, October 3, 2011

Why Is Fractional Reserve Banking Bad?

Because a small amount of Money is misused to Loan a bigger amount,by CREATING MONEY OUT OF THIN AIR..This may destabilize banking,without proper regulation.Fractional Reserve Banking started with Fraction Gold Reserve,by Goldsmiths.
  There are a lot of articles on the net,regarding this.This link is a good one.

Will be updated..........

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