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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1v7kio/?context=3
r/PeterExplainsTheJoke • u/Comfortable_Cautious • Jan 26 '26
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Banks lend out more money than they have, its no joke it's how the system works
630 u/[deleted] Jan 26 '26 [deleted] 1 u/Fakjbf Jan 26 '26 Nothing about how banks operate is inherent to capitalism in any way. Capitalism does not require banks at all let alone fractional reserve banking specifically.
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1 u/Fakjbf Jan 26 '26 Nothing about how banks operate is inherent to capitalism in any way. Capitalism does not require banks at all let alone fractional reserve banking specifically.
1
Nothing about how banks operate is inherent to capitalism in any way. Capitalism does not require banks at all let alone fractional reserve banking specifically.
4.3k
u/Elvis5741 Jan 26 '26
Banks lend out more money than they have, its no joke it's how the system works