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dominion1 (25)

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Joined June 2017 Active 8 years ago

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dominion1 (25)in #ministeroffinance • 8 years ago
Financial Education 101
Fractional 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…
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