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Maria Klimikova;
  • Journal: Polish Journal of Management Studies,volume 1,issue 1 May,pages171-178
  • Subject: fractional banking, banking of partial reserves, Ponzi Scheme, Multiplication Effect
    • jel: jel:E00 | jel:G00

Understanding the reasons of the present financial problems lies In understanding the substance of fractional reserve banking. The substance of fractional banking is in lending more money than the bankers have. Banking of partial reserves is an alternative form which li... View more
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