As Elon Musk and his crew scour the federal government to see what needs to be culled from the herd, there is an obvious ...

Today, most countries employ a fractional reserve banking system, where a bank only keeps a small percentage of its total deposits on hand, lending the rest to other banks or investing in other ...

Most commercial banks around the world follow a similar process and this system is called fractional reserve lending, where banks are only required to hold a fraction of their deposits as reserves ...