Definition: Fractional reserve banking requires the customer to be ignorant of the arrangement
If the customer doesn’t mind the risk of having the money loaned out - and is aware of it - this is not fractional reserve banking which requires the customer to be ignorant of the arrangement.
John Locke, Second Treatise of Government: "No body could think himself injured by the drinking of another man, though he took a good draught, who had a whole river of the same water left him to quench his thirst."
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