shutosha on Nostr: Beg to disagree .. fractional reserve system means they need to hold a percentage ...
Beg to disagree .. fractional reserve system means they need to hold a percentage with Fed .. for example JPMC has around .25 trillion deposited with Fed ..
This deposit determines interbank landing rate .. we can go in detail as to how it works but that is what target fund rate is ..
And that is where the name comes .. fractional reserve ..
Published at
2025-02-12 02:36:44Event JSON
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