Comment: It would also add up to $900,000

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It would also add up to $900,000

When the money multiplier is put into effect (at 10% reserve)

http://www.investopedia.com/terms/m/multipliereffect.asp

Lord Acton, Lord Chief Justice of England, 1875 - "The issue which has swept down the centuries and which will have to be fought sooner or later is the People v. The Banks."