yeah, the wikipedia page said it does at least. I guess the problems lie in between where people have to actually pay the money back, which is part of the reason we're in this mess. The loans were too easy to come by.
fractional reserve banking in australia, page-13
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)