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100% Reserve System
Potential Growth Lost Due to Fractional Reserve Banking
So I've had some conversations with some others about what would happen if we adopted a 100% reserve banking system (probably backed by gold.) I argue that such a system would eliminate the constant boom-bust cycles because it would put an end to the government/banks increasing the money supply leading...
Posted to
Economics Questions
(Forum)
by
thedailykrugman
on Sun, Dec 12 2010
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