RE: The Mathematics of Fractional Reserve Banking

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The Mathematics of Fractional Reserve Banking

in mathematics •  9 years ago 

I did not say that. However, could you please answer my question as to whether the government contactor in your case deposited the $100 million into a checking or savings account at Bank 0. Do not forget, we are discussing economic theory; therefore, please tell us how this theory works in the real word. Please don't duct my questions.

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I cant answer your question. its not my model. though its certainly something that businesses use bank accounts for so its entirely possible.

Thanks for you honest response to my questions.