How Fractional Reserve Lending Makes Money Disappear

How Fractional Reserve Lending Makes Money Disappear

Feb 25, 2020 | Economy

According to the popular way of thinking, it is held that banks are responsible for the expansion of lending also known as credit, and given that economic prosperity is associated with an increase in credit, they are seen as crucial to the economic well-being. But are...
The $5 Billion Crypto-Loan Market Bubble Is Bound To Pop

The $5 Billion Crypto-Loan Market Bubble Is Bound To Pop

Oct 29, 2019 | News

The laws of finance still apply in cryptocurrency’s parallel universe. Crypto credit has expanded too quickly and is headed for a blow-up, says a group of former Wall Street traders who are now seeking riches in digital assets. A near $5 billion industry has emerged...