I've learned that my post back in January 2014 (below) was greatly inaccurate though the result is still essentially the same. -- docsalvage, June 2014
See the Wikipedia article...
Money Supply - Fractional Reserve Banking - example
I've learned that my post back in January 2014 (below) was greatly inaccurate though the result is still essentially the same. -- docsalvage, June 2014
See the Wikipedia article...
Money Supply - Fractional Reserve Banking - example