Fractional-Reserve Collapse

Writes t3h sauce:

Just thought you might find this a little funny.  This online video game, consisting of hundreds of thousands of players who control every aspect of the game universe,  just suffered an enormous economic calamity due to player-controlled bankers engaging in Fractional Reserve Banking.  When players got wind of the fraudulent practice, it prompted a bank run.  Minus  central banking, Fractional Reserve Banking can’t even survive in a video game!

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3:33 pm on August 29, 2009