do you know what it is - yes or no?

[Ian Bell 2]

This is a yes or no question. Be honest and do not consult Wikipedia or any other source before answering here. If you answer 'yes' then please do NOT provide an explanation. Just a simple 'yes' or 'no' will suffice. The question is as follows: Do you know what "fractional reserve banking" means?

History is the joke the living play on the dead.

[Lost User]

Was that the thing about banks lending out more money than they actually have? I'm still going with "no", economy was one of my weakest subjects.

[Lost User]

Yes.

[Mycroft Holmes]

No - and I write code for a banks finance department :-O

Never underestimate the power of human stupidity RAH

[Daniel Pfeffer]

Yes.

If you have an important point to make, don't try to be subtle or clever. Use a pile driver. Hit the point once. Then come back and hit it again. Then hit it a third time - a tremendous whack. --Winston Churchill

[Kornfeld Eliyahu Peter]

Yes

Skipper: We'll fix it. Alex: Fix it? How you gonna fix this? Skipper: Grit, spit and a whole lotta duct tape.

[F ES Sitecore]

No.

[Lost User]

"yes". There's also a hint in the name.

Bastard Programmer from Hell :suss: If you can't read my code, try converting it here[^]

[Super Lloyd]

no I guess I can google now... Oh yes, I knew in fact....

A new .NET Serializer All in one Menu-Ribbon Bar Taking over the world since 1371!

[jsc42]

No

[ZurdoDev]

Exactly. :thumbsup:

There are two kinds of people in the world: those who can extrapolate from incomplete data. There are only 10 types of people in the world, those who understand binary and those who don't.