The problem is that in a fractional reserve banking system banks are inherently unstable.
The Cyprian banking system, like all banking systems today, is a fractional reserve system.
As for the larger Eurozone banking system, it too is a fractional reserve system.
Healthcare pricing transparency is only a fractional first step on our way out of this wilderness.
The museum reports it owns fractional shares of more than 100 other significant artworks.
It's a fractional reserve system with no reserve requirements and no central bank control.
The fractional half, quarter and tenth-ounce coins had not been available this year at all.
There are also some fractional ownership properties available, but they are not as common.
And many executives who sell fractional jet programs can't help but mourn what might have been.
Employment in the sector showed a "fractional decline" in October, the PMI survey said.
The Dow managed to put in a fractional weekly gain, closing barely above 14, 000.
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Some of the same factors are driving an increase in corporate jet ownership, fractional and otherwise.
The ETF represents a fractional, undivided beneficial ownership interest in the SPDR Gold Trust.
Yacktman also bought a fractional amount of a recent Warren Buffett buy, IBM.
Fractional Reserve Banking would end, as would the Fed and the tiers of banks.
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So, we had a problem, bank runs, brought on by the simple nature of fractional reserve banking.
Second: Some fractional interests being peddled these days may not pass muster with the Internal Revenue Service.
Once banks start lending again and expanding base money through the fractional reserve system, M2 could increase exponentially.
Without fractional reserve banking, without the Fed, and with sound money there would absolutely be no business cycle.
This is simply true of any system of fractional reserve banking and is the cause of bank runs.
The matchmakers out there hustling fractional interests in commercial real estate are not in business for their health.
Despite the increase, there was only a "fractional" rise in average salaries awarded to permanent staff across Scotland.
The one outlier is Avantair, which provides fractional ownership of a very fuel-efficient turboprop called the Piaggio Avanti.
In a fractional reserve banking system, banks are permitted under law to create deposit money out of thin air.
In European trading, losses were widespread but minor, with key indexes in the main markets showing fractional percentage declines.
The central bank sets short-term interest rates, and fractional reserve banking is allowed.
And unemployment stands at a stubborn 10%: the administration forecasts see only a fractional fall in joblessness this year.
Meanwhile, the number of airplanes in fractional programs grew by 11%, to 776.
Corporate and fractional jets use small airports where check-in takes minutes and take-off times can be altered to suit.
The gold standard in history used a fractional, rather than 100%, reserve, recommended by Smith at a 20% ratio.
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