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/biz/ - Business & Finance

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26165677 No.26165677 [Reply] [Original]

Why do banks only keep a small percentage of your money in the reserves instead of all of it?

>> No.26165755

>>26165677
Jews

>> No.26165798

>>26165755
/thread

>> No.26165818

>>26165755
/thread

>> No.26165821
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26165821

>>26165677
So we can loan it out for interest

>> No.26165858

>>26165677
They don't keep any of your money in the reserves. They just have a digital record of your money and they destroy money that you hand them and print money when you need it.
Its all virtual with money printers for paper slips to interact with the public.

>> No.26165866

>>26165677
https://m.youtube.com/watch?v=yXpZKpmkuas

>> No.26165869

>>26165677
With the advent of digital banking they can get away with this more easily. People just use credit/debit cards now. Its going to be like 1929 when there were actual bank runs

>> No.26165931

>>26165869
Banks can't run out of money unless their printer breaks down. They probably have tons of reserve dollar bills lying around in the warehouses

>> No.26166010
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26166010

>>26165677
why do exchanges keep in they reserve a small percentage of your crypto tokens instead all of it?