There is no limit as to how much Credit the banking system can create through fractional reserve banking — other than the ability of the borrowers to pay interest on the money they have been lent. (richardduncaneconomics.com)
Again, there's nothing wrong with fractional reserve banking that getting rid of the central bank and other government interventions wouldn't cure. (alt-m.org)
Bank runs are not caused by the gold standard — they are caused by fractional reserve banking, where banks figure what percentage of deposits they need to keep on hand for customer withdrawls, and loan out the rest. (getrichslowly.org)