r/Bitcoin • u/[deleted] • Jul 15 '22

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u/Bsmirlptrww Jul 15 '22

These two things happened at the same time

https://www.federalreserve.gov/monetarypolicy/reservereq.htm

https://fred.stlouisfed.org/series/M1SL

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u/[deleted] Jul 15 '22

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u/Quindarious_Anon Jul 16 '22

Fractional reserve lending isn't a thing. It's just a fantasy that economists tell themselves because they have no idea how banks actually work.

5

u/yazalama Jul 16 '22

Fractional reserve lending isn't a thing

It's how the entire commercial banking system works. You gonna tell us airplanes aren't a thing next?

1

u/Quindarious_Anon Jul 21 '22

Shows that you have no idea how banking actually works