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Comment by soVeryTired | Hacker News Reader
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soVeryTired
·
Fractional reserve banking isn't a thing anymore.
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borski
·
What? This is literally how nearly all banks around the entire world work.
MatteoFrigo
·
The Bank of England explains why the fractional reserve mental model of banking is not really accurate. See
https://www.bankofengland.co.uk/-/media/boe/files/quarterly-...
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