On the Morality of Fractional Reserve Banking
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Submitted by: VirginianRebel ![]() Subscribe to this Author Paste this code into your site to promote this story! |
http://www.virginianrebel.com/2008/07/on-morality-of-fractional-reserve.html
Type of Content: Article Due to the bank failure at IndyMac, FDIC officials are saying that depositors will suffer up to $500 million in loses. The FDIC only insures up to $100,000, and for those who kept more than this amount in the bank, they are out of luck. Read »
Created 25 weeks 2 days ago
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