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1. Monsignor_DickFace (monsignor_dickface@poa.st)'s status on Saturday, 12-Oct-2024 04:20:06 JST Monsignor_DickFace

   • shortstories
   @shortstories Not going to lie, I have no idea what than means for me.
   • Ardainian Hebrew Israelite (ardainianright@detroitriotcity.com)'s status on Saturday, 12-Oct-2024 04:20:05 JST Ardainian Hebrew Israelite

     in reply to

     • 🐘🐘 Humpleupagus 🐘🐘
     • shortstories
     @Humpleupagus @shortstories @Monsignor_DickFace
     They'd have to have an extra pool of savings to lend from in addition to the money deposited by customers. Under such a system banks would charge customers a fee for storing their money, as opposed to giving them a dividend, since they wouldn't be able to profit off holding customer deposits.
   • 🐘🐘 Humpleupagus 🐘🐘 (humpleupagus@eveningzoo.club)'s status on Saturday, 12-Oct-2024 04:20:06 JST 🐘🐘 Humpleupagus 🐘🐘

     in reply to

     • shortstories
     The question doesn't make any sense anyways.
     
     Fractional reserve is what allows lending from deposits in the first place. If banks had to keep 100% of the reserves, they basically couldn't lend.
   • 🐘🐘 Humpleupagus 🐘🐘 (humpleupagus@eveningzoo.club)'s status on Saturday, 12-Oct-2024 08:50:38 JST 🐘🐘 Humpleupagus 🐘🐘

     in reply to

     • Ardainian Hebrew Israelite
     • shortstories
     There's not going to be much money available if they only lent from capital or capital returns, and interest rates would be high af. It's hard money.
     Ardainian Hebrew Israelite likes this.