Post #1241597: U.S. average fractional reserve-lending ratio was…
U.S. average fractional reserve-lending ratio was 3% – meaning that if you deposited $100 at the bank, the bank can take $97 of it to make loans or gamble on the stock market.  This was reduced to ZERO effective March 26, 2020.

U.S. average fractional reserve-lending ratio was 3% – meaning that if you deposited $100 at the bank, the bank can take $97 of it to make loans or gamble on the stock market. This was reduced to ZERO effective March 26, 2020.

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