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What Is the History Behind the Idea of a Fractional

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What is the history behind the idea of a fractional reserve banking system?


Definitions:

Written Language

The use of symbols or characters to convey thought, ideas, or information through the act of writing.

Spoken Language

The use of speech sounds for communication, varying across cultures and regions, forming the basis of verbal interaction.

Speaking Voice

The characteristics of a person's voice used during spoken communication, including tone, pitch, and clarity.

Pitch

A presentation or proposal aimed at convincing an audience of the value of an idea, product, or project.

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