Sentences with phrase «like fractional reserve»

«You can think of it a little bit like fractional reserve banking.

If you like hard money, you probably don't like fractional reserve banking.

Not exact matches

«The consortium of 40 + banks (known as R3cev) which aims to do just that will inevitably develop something which: is permissioned (for users and developers like the apple app store), privatized, has fees, will not be entirely transparent to everyone, will not be open - source, it will definitely be inflationary to accommodate monetary policy of debasement and fractional reserve schemes, it will facilitate negative interest rates, central control of accounts for suspension / freezing of funds, bail - ins, bail outs, capital controls and transactions will include the identity of both sender and receiver and store that information in a centralized location for the convenience of hackers.»

9 % may not seem like a large percentage, but keep in mind that the fractional reserve requirement is 10 %.

Just like you said for Ponzi schemes «the only source of the so - called interest on the money was the contributions of future investors», for fractional - reserve banking the source of interest is the future profit made by lending the investor's money - to the investors themselves!

Alas, like the Bourbons of old, today's politicians, central and fractional reserve bankers have forgotten nothing and learnt nothing from the financial and economic catastrophes they've repeatedly fomented — and thereby expose the rest of us to the next crisis.

As the exchange does not operate on fractional reserves like banks, you can always sell or withdraw all of your funds without quantity issues.