You're totally WRONG. Fractional reserve banking doesn't care a shit that. It's even worst: That fractional reserve is directly related to the amount of money in banks, the risk is equally BIG and systemic. If French people starts a #BankRun, there's no way to stop a DISASTER.
I’m not saying this isn’t possible. I’m saying throwing numbers around like 70% or all French without any evidence is idiotic FUD.
Ofc 70% french people are NOT yellow vest. But it doesn't matter. Even if only 10% of french people tries to withdraw its money from banks, that would be ENOUGH to create a massive #BankRun. Banks don't have the money, it's all about fractional reserves.
Again, you made up the 10% metric. But even if we assume this is correct, you cannot equate the 10% of all French people who both sympathize with the Yellow Vests AND are willing to act by withdrawing all their money with 10% of all money held in French banks.
Believe me, I'm being NICE saying that the #Banks fractional reserve is ONLY 1/10. Just take a look on gold reserves by country, then watch its total debt. If a government is running an outrageous pyramid, the commercial banks are a WAY WORST.
In reality it should be something about 2%!
No money , no power for those control it Good Luck dear Bankstets with the upcoming #BankRun You definetely need luck after the global bankrun
start trading without cashh example machanic al work needs doing in exchange for farm work or hair needs doing for windows need cleaning many ways to give and get services