What do you think of the U.S. monetary system?

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plodium2uared

Junior Member

4 Years of Service

08-08-2014, 07:18 AM

An alternative to having a currency backed by something (such as gold), is to have a reserve requirement where lenders must have their loans backed by at least a certain percentage of deposits.

http://en.wikipedia.org/wiki/Reserve_requirement

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Messages In This Thread

What do you think of the U.S. monetary system? - by FeaturedBmx - 03-22-2014, 02:29 AM

What do you think of the U.S. monetary system? - by bigbadke12 - 03-22-2014, 02:35 AM

What do you think of the U.S. monetary system? - by FeaturedBmx - 03-22-2014, 02:40 AM

What do you think of the U.S. monetary system? - by plodium2uared - 08-08-2014, 07:18 AM

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