Fractional Reserve Banking – Creating Cash Out Of Thin Air

I wrote this piece for Digifox a few months ago, and wanted to share it here.

Fractional reserve banking is another form of inflation – a secret tax on your wealth. If you want to learn more about the financial system (and how it’s working against you) check out my other post I wrote on the financial system: The Silent (But Severe) Attack On Your Savings.

Essentially, fractional reserve baking enables inflation without being obvious about it. It’s another form of taxation on your savings. In the following post, I explain how it works and how you can defend your household’s money supply against it.

Enjoy!

Digifox Blog – What Is Fractional Reserve Banking?

Until next time,

Hope Frances

Photo by Michael Longmire on Unsplash