What is Fractional Reserve Banking? Fractional reserve banking is a banking system in which banks are required to hold only a fraction of their depositors’ funds in reserve, and are allowed to lend out the rest. The reserve requirement is set by the central bank of a country and is typically a percentage of theContinue reading “Fractional Reserve Banking, Designed To Fail?”
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FED Meeting, what does it mean?
The fed yesterdayThe Federal Reserve (Fed) held one of its regularly scheduled meetings. Approximately eight times per year they meet to address monetary policy and make decisions regarding interest rates. The exact number and timing of these meetings can vary, and the Fed may also hold additional unscheduled meetings as needed. During these meetings, theContinue reading “FED Meeting, what does it mean?”
Millennial Money Takes 