CarlBMenger on Nostr: FUN Fact: Since March 2020, the FED has reduced reserve requirements to ZERO, ...
FUN Fact: Since March 2020, the FED has reduced reserve requirements to ZERO, eliminating reserve requirements for all U.S. depository institutions.
It’s no Reserve System no more. Better call it „fraction-less“ banking system. If you don’t #Bitcoin, what do you do?
Published at
2024-07-26 08:04:00Event JSON
{
"id": "ecedc80ed3534f91a991ee1d0fc2b0f8978aecd163c19b24b10c36abc1f3d813",
"pubkey": "7b991f776d04d87cb5d4259688187a520f6afc16b2b9ad26dac6b8ee76c2840d",
"created_at": 1721981040,
"kind": 1,
"tags": [
[
"imeta",
"url https://image.nostr.build/b4c1a6f6aba911276ec4c044a3977e94584ba55efe0d90f8bcb341ec1e43a7f6.jpg",
"blurhash e$OgQgWBofofof01j[ayfkay4.ofj[ayj[M{j[j[ayayxufQWBj[ay",
"dim 1284x1216"
],
[
"t",
"bitcoin"
],
[
"r",
"https://image.nostr.build/b4c1a6f6aba911276ec4c044a3977e94584ba55efe0d90f8bcb341ec1e43a7f6.jpg"
]
],
"content": "FUN Fact: Since March 2020, the FED has reduced reserve requirements to ZERO, eliminating reserve requirements for all U.S. depository institutions.\n\nIt’s no Reserve System no more. Better call it „fraction-less“ banking system. If you don’t #Bitcoin, what do you do? https://image.nostr.build/b4c1a6f6aba911276ec4c044a3977e94584ba55efe0d90f8bcb341ec1e43a7f6.jpg ",
"sig": "2de95d4f327d3dd95f9d2c14a48804adca65e2ce718a56c50f1c13d3ab3285a0d342e8b7b164c7ec85587fdc47e6e666d539cf8494dfad9de0c2a18f411fb7cb"
}