The Fed has Eliminated Reserve Requirements for All Depository Institutions

Discussion in 'Economics' started by gaussian, May 25, 2020.

  1. gaussian

    gaussian

    What money supply? When I go to pull $10000 out in cash and they tell me I can't where's the supply? It's all fake and with 0% depository requirements you can't even get paper fake money out in a panic.
     
    #11     May 25, 2020
    LanceJ likes this.
  2. 931

    931

    • Does it mean banks can use customer money in full extent for lending, gambling etc without backing anything up?
     
    #12     May 25, 2020
  3. #13     May 25, 2020
  4. Cuddles

    Cuddles

    Is this sarcasm? I'm trying to gauge the sense of urgency, but media's mum and this move was announced several days ago.
     
    #14     May 25, 2020
  5. RedDuke

    RedDuke

    Right around March market lows, could it be a catalyst?
     
    #15     May 25, 2020
  6. Sure didn’t hurt
     
    #16     May 25, 2020
  7. Tradex

    Tradex

    Of course !

    Since the creation of the Federal Reserve the US dollar lost more than 97% of its value.
     
    #17     May 25, 2020
  8. 931

    931

    That 97% is a hidden tax.

    3% of value was created by working people , 97% by banksters, from thin air&schemes.
     
    Last edited: May 25, 2020
    #18     May 25, 2020
    Tradex likes this.
  9. Tradex

    Tradex

    Absolutely.

    That's why we need to trade/invest to at least beat the inflation and protect our purchasing power.
     
    #19     May 25, 2020
  10. Overnight

    Overnight

    People keep calling me crazy for posting this over the years...Is it coming to a head soon?

     
    #20     May 25, 2020
    Tradex and gaussian like this.