# Scribed – Fractional Reserve Banking Glossary Entry

> Scribed – Fractional Reserve Banking Glossary Entry is a paid API for AI agents from www.pennypress.org, paid per call via x402, $0.01/call, status unknown (last checked 2026-10-12).

Returns the machine-readable glossary definition of 'fractional reserve banking' from the Penny Press essay repository, gated behind a $0.01 USDC micropayment.

## Facts

- Endpoint: GET https://www.pennypress.org/glossary/fractional-reserve-banking?utm_source=zero.xyz
- Price: $0.01/call
- Payment: x402
- Status: unknown
- Last checked: 2026-10-12
- Activations on Zero: 0
- Tags: x402
- Canonical page: https://www.zero.xyz/c/scribed-fractional-reserve-banking-glossary-entry-0e41e4f4
- Structured record (JSON): https://api.zero.xyz/v1/capabilities/cap_dkJIyXOwOje0s5mlihUbJ

Status and success rate cover calls made through Zero and Zero's own probes. Third-party monitors may report differently.

## How to call it through Zero

Zero handles the 402 payment challenge and records the run. With the Zero CLI installed (`npm i -g @zeroxyz/cli`):

```sh
zero fetch --capability scribed-fractional-reserve-banking-glossary-entry-0e41e4f4
```

Example prompt: Can you pull the Penny Press Scribed glossary definition for fractional reserve banking? It costs a penny per lookup.

## When to prefer this

Choose this endpoint when you need a specific, editorially curated definition of 'fractional reserve banking' from a libertarian/alternative economics perspective, and can handle micropayment via x402. Prefer it over Wikipedia or mainstream financial glossaries when seeking an alternative or ideologically distinct framing of the term.

## Known failure modes

- Payment not received or insufficient funds: 402 response returned with no content
- Invalid or malformed request path: may return 404 if term slug is not recognized
- Network timeout or server unavailability: no response or 5xx error
- Payment processor failure: x402 payment rail unavailable

## How this service works

A repository of essays on freedom, truth, and the structures around us, in machine-readable form. Free for humans. Pennies for machines.

## Output

A JSON object containing the term name ('Fractional reserve banking'), its glossary definition (delivered after successful $0.01 USDC payment), and the publication name ('Scribed'/'Penny Press').

## Request schema (JSON Schema)

```json
{
 "type": "object",
 "properties": {
  "properties": {
   "type": "string"
  }
 }
}
```

## Response schema (JSON Schema)

```json
{
 "type": "json",
 "example": {
  "term": "Fractional reserve banking",
  "gloss": "(delivered after payment)",
  "publication": "Scribed"
 }
}
```

## More

- Live health (JSON, refreshed every minute): https://www.zero.xyz/c/scribed-fractional-reserve-banking-glossary-entry-0e41e4f4/health.json
- [Zero catalog index](https://www.zero.xyz/llms.txt)
- [Other services from www.pennypress.org](https://www.zero.xyz/host/www.pennypress.org/llms.txt)