---
title: "Paul C. Jeffries Fractional reserve means that they don't have 1:1..."
date: 2023-05-07
source: facebook
type: comment
context: "Archer T. Ships replied to Paul C. Jeffries's comment."
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---

# Paul C. Jeffries Fractional reserve means that they don't have 1:1...

*May 7, 2023 — Comment Archer T. Ships replied to Paul C. Jeffries's comment.*

Paul C. Jeffries Fractional reserve means that they don't have 1:1 collateral.   Yes, not being able to transfer funds on demand does suggest that they don't have 1:1 collateral.