Sentences with phrase «about fractional reserve»

John's post was not about fractional reserve banking — it was about the a book discussing the history of the Federal Reserve, and was interesting and insightful.

(Note now that we are not talking about a free banking system — I want to make a point about fractional reserve systems in general and show how the problem is that the system isn't free, not that it's based on fractional reserves.)

Not exact matches

One of his views that always stuck with me on that subject, at least as a starting point for thinking about it, was that it was somewhat nonsensical to talk about what «equilibrium exchange rates» should be in a world of fiat currencies and fractional reserve banking.

Here is John Carney arguing that «There's nothing about Bitcoin that means you can't have fractional reserve banking,» which is entirely correct but bear in mind that he's arguing against libertarian bitcoin supporters who view the absence of fractional reserve banking as a desirable feature of bitcoin.

But while daydreaming about these, we shouldn't forget to be in awe of the invention of fractional - reserve banking.

With or without a central bank, fractional reserve banking will tend to bring about a boom / bust cycle and thus reduce the long - term rate of economic progress.

I mean given that the fractional reserve banking system is so over-levered, globally, but just thinking about the U.S. for a minute if everybody put 5 % -10 % of their money in Bitcoin or some other cryptocurrencies, the whole banking system implodes on itself.