StackSats on Nostr: Fun fact 🤡🌎: Full-reserve banks are not allowed by the Fed, because it could ...
Fun fact 🤡🌎:
Full-reserve banks are not allowed by the Fed, because it could suck deposits out from other banks, threaten the whole fractional-reserve fraud, and reduce the Federal Reserve’s ability to control monetary policy.
Full-reserve banks are not allowed by the Fed, because it could suck deposits out from other banks, threaten the whole fractional-reserve fraud, and reduce the Federal Reserve’s ability to control monetary policy.