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Originally Posted by
Political Hack
banks
Here's something really interesting I came across, check the first line:
https://www.federalreserve.gov/monet...reservereq.htm
Our banks no longer are required to have reserves. Why tho? Are they expecting a run? Isn't that the reason for the deposit reserve anyway? It's pretty alarming IMO. Admittedly, I don't know a whole lot about the banking system.
Last edited by hacker; 03-18-2020 at 04:25 PM.
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