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CarlBMenger / Carl B Menger
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2024-07-26 08:04:00

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?
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