Bit 🐳 Ish on Nostr: A fractional reserve means they only have to hold a fractional portion of deposits ...
A fractional reserve means they only have to hold a fractional portion of deposits people make in their liquid reserves.
That fractional reserve policy is currently set at 0% meaning they have to hold at least 0% of deposits as liquid cash 🙄. Banks no longer have to actually have on hand any cash deposits. They can risk/lend out the entire balance in an attempt to earn a yield with your money.
Published at
2025-02-12 02:32:59Event JSON
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