return2ozma@lemmy.world to News@lemmy.world · 1 month ago72% of Americans Say the Rich 'Have Too Much' as GOP Pursues Another Handout for Billionaireswww.commondreams.orgexternal-linkmessage-square83fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-link72% of Americans Say the Rich 'Have Too Much' as GOP Pursues Another Handout for Billionaireswww.commondreams.orgreturn2ozma@lemmy.world to News@lemmy.world · 1 month agomessage-square83fedilink
minus-squareiopq@lemmy.worldlinkfedilinkarrow-up0·1 month agoNo, because they are allowed to do partial reserves. I assumed a reserve ratio of 10:1
minus-squaresqgl@sh.itjust.workslinkfedilinkarrow-up0·1 month agoOK, thanks but then that raises another question: Doesn’t expanding the money supply devalue the dollar?
No, because they are allowed to do partial reserves. I assumed a reserve ratio of 10:1
OK, thanks but then that raises another question: Doesn’t expanding the money supply devalue the dollar?