[littlestymaar]

> The present primary reliance on fractional reserve monetary is not a carved-in-stone requirement of financial systems, only the present norm.

Their is no fractionnal reserve banking in the modern world anymore. And circa 2007, virtually nothing prevented the infinit expansion of credit, with the result we all know.

If you want to learn more about these topics, the keen-krugman debate (more of a controversy than a civil debate) a few years ago was really enlightening.

[dredmorbius]

https://www.federalreserve.gov/pubs/feds/2010/201041/index.h...

The St. Louis Fed tends to have the largest set of articles on economic policy, generally.

Here are 632 results for "fractional reserve":

https://encrypted.google.com/search?hl=en&q=site%3Astlouisfe...

And limiting to 2010 and subesequently, 27. None declaring the concept dead.

https://encrypted.google.com/search?q=site%3Astlouisfed.org+...

[littlestymaar]

> And limiting to 2010

The second paper on the page is from 1968 …

In the US, there is no limit anymore on how much credit you can lend given the amount of reserve you have, the reserve requirement is on deposit not credit lent.

https://en.m.wikipedia.org/wiki/Reserve_requirement

[dredmorbius]

Please cite your source(s) that reserves and reserve requirements no longer exist, are no longer linked to money supply, and are no longer Fed policy.

Thank you.