Fri Jan 12 01:15:52 2024
(*4cfb807c*)::
(*71144c1d*):: This is cute. During COVID, the Federal Reserve lowered the required reserve ratio in the United States from 10% to 0%, and it has not been changed back since.
https://www.federalreserve.gov/monetarypolicy/reservereq.htm
*** Reserve Requirements
*** The Federal Reserve Board of Governors in Washington DC.
*** federalreserve.gov
(*4297a328*):: +public!
(*4cfb807c*):: So… Zero reserve banking!
