fractional reserve banking Definition
fractional reserve banking - definition of fractional reserve banking - A banking system in which only a fraction of the total deposits managed by a bank must be kept in reserve.
Hugh Hendry advocates abolishing fractional-reserve banking? | Last
The weblog of Christiaan Briggs This was hedge fund manager Hugh Hendry on Dispatches tonight. Is he really advocating the abolishment of fractional-reserve banking, a system
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