Bottomfeeder 244 Posted May 1, 2006 Share Posted May 1, 2006 fractional reserve banking Definition A banking system in which only a fraction of the total deposits managed by a bank must be kept in reserve. The amount of the deposits equals the amount of the reserves times the deposit multiplier. In the U.S., this system is maintained by the Federal Reserve Board. http://video.google.com/videoplay?docid=-4...7002553&q=mises Link to comment Share on other sites More sharing options...
Tigermike 3,078 Posted May 1, 2006 Share Posted May 1, 2006 My checking account balances. check My savings accounts all balance. check My retirement accounts all balance. check Link to comment Share on other sites More sharing options...
Bottomfeeder 244 Posted May 2, 2006 Author Share Posted May 2, 2006 How about the real value of you assets? Are they in U.S. Dollar terms or not? Link to comment Share on other sites More sharing options...
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