Why Nostr? What is Njump?
2023-08-31 13:17:10
in reply to

a source familiar with the matter on Nostr: Fractional reserve banking doesn't work in any context. Seee Bagehot's Lombard Street ...

Fractional reserve banking doesn't work in any context.
Seee Bagehot's Lombard Street for example; fractional reserve banking was causing a crisis every 10-15 years just like it does now.
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