New: ministeroffinanceAll contenthive-129948hive-196917krhive-180932steemhive-150122hive-183959zzanhive-185836hive-144064hive-101145hive-166405photographyhive-184714hive-188619hive-183397uncommonlabhive-145157bitcoinhive-103599hive-139150steem-atlaskrsuccesshive-180301hive-193186TrendingNewHotLikersdominion1 (25)in ministeroffinance • 8 years agoFinancial Education 101Fractional Reserve Banking: When you deposit $100 in your bank, your local bank is allowed to lend up to $1,200 in loans tied to that $100. For example, let's say the bank pays you 5 percent…