To: sickoflibs
The fractional reserve a bank has to hold varies depending on the size of the bank. Smaller banks may have to hold a higher percentage, bigger banks may be able to hold less as a percentage of deposits.
13 posted on
09/02/2011 9:01:15 PM PDT by
Secret Agent Man
(I'd like to tell you, but then I'd have to kill you.)
To: Secret Agent Man
RE :"
The fractional reserve a bank has to hold varies depending on the size of the bank. Smaller banks may have to hold a higher percentage, bigger banks may be able to hold less as a percentage of deposits."
Thanks, and that makes perfect sense, Obviously when the contraction comes it doesnt help.
14 posted on
09/02/2011 9:04:23 PM PDT by
sickoflibs
(Over-taxed means 'paying too much in taxes', not zero taxes)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson