UMM... HELLLLOOO? ZERO RESERVE REQUIREMENTS FOR BANKS??

[Anonymous No.18449249]

>be bank
>be allowed lend $10 per $1 deposit
>oops a virus so now that denominator is now zero
>you can now lend $10 for every $0 in deposit
Is this the biggest coup in political history?
Banks can now issue unlimited loans with no collateral. It doesn't matter if the loan defaults because the money never existed in the first place. In fact with added interest they can now siphon all the money in the world like a black hole into themselves since the principal loan amount is conjured from nothingness.
Jews can now print unlimited money. It won't stop until they own every asset and USD is toilet paper and we're all destitute slaves.
Where are the pitchforks and torches?
Where are the guillotine?
Am I crazy?

[Anonymous No.18449278]

Buy BTC

[Anonymous No.18449292]

>>18449249
Nope.

The system is designed to transfer actual wealth to banks and those in the upper stratums of society.

As long as people are fed, housed, and entertained no one will do anything about it.

[Anonymous No.18449293]

I dont care bro just give me a green day tomorrow

[Anonymous No.18449317]

>>18449249
Over 300 years in the making. Most will suffer. Those who hold real assets will succeed, assuming wealth isn't confiscated via military home invasion.

[Anonymous No.18449336]

>>18449249
>Am I crazy?
Yes, you are crazy. If a bank actually lends out their entire reserve then that's still money from their depositors and investors. If depositors want their money back (or they want to lend more money) then their only source of money to get a loan from the FED, which they still have to pay back. Getting a bunch of loans to the FED to hand out shitty loans to consumers that will eventually default is a great way to destroy your reputation, stock and business. The evil Jews at the top you keep having wet dreams about are more likely to shoot the CEO for fucking with their investment than taking over america.

[Anonymous No.18449342]

>>18449249
why'd you hide a word?

[Anonymous No.18449352]

>>18449249
Take your happy pills schizo

[Anonymous No.18449363]

Zero? We need negative reserve requirements. Prove me wrong.

[Anonymous No.18449414]

>>18449342
I was trying to underline zero percent, not trying to hide anything

[Anonymous No.18449416]

>>18449414
There's nothing wrong with eliminating reserve requirements.

[Anonymous No.18449455]

>>18449416
What incentive does a bank not have to issue unlimited loans?

[Anonymous No.18449506]

>>18449292
>long as people are fed, housed, and entertained no one will do anything about it.

Except they wont be much longer.unless UBI actually becomes a thing

[Anonymous No.18449576]

>>18449249
We Wiemar now.

>>18449278
BSV*

[Anonymous No.18449580]

>>18449317
Well we all know Americans won't do anything about it. Our guns are just for show.

[Anonymous No.18450306]

>>18449249
How do I long guillotines?

[Anonymous No.18450351]

>>18449580

Nah man, when we have nothing left to lose we'll go out with a bang.

[Anonymous No.18450372]

>>18449249
and those are US banks, non US banks were already creating dollar denominated liabilities since the 50s

[Anonymous No.18450377]

>>18449416
Do you not have any cash in a bank account? That's not something that someone who wants their personal bank to remain solvent would say.

[Anonymous No.18450380]

>>18449506
>unless UBI actually becomes a thing
UBI will cause more problems than it will solve.

[Anonymous No.18450390]

>>18449249
Loans create deposits, how hard is it to understand?

[Anonymous No.18450409]

Does the US dollar even exist anymore?

[Anonymous No.18450411]

>>18449249
It's called a debt jubilee. They do this every 50 years. It's part of their culture.

[Anonymous No.18450436]

Just wait til you see the 4D chess moves we make next!
#trausttheplan

[Anonymous No.18450473]

>>18449336
if a bank lends out 100% of their reserve, the overnight lending rates from the FED to cover their expenses is 0%. Welcome to fractional reserve banking without the reserve. Theoretically you could stack the 0% loans indefinitely on the FED's balance sheet. Negative rates are even more fun, since you get paid to take and distribute loans.

I don't actually know how much of this "enters circulation" and would have a devaluing effect on the USD, but it has to at some point... right?

[Anonymous No.18450686]

>>18450473
>fractional reserve requirement of 0
>stacked with 0% overnight rate
>unrestricted lending stacked with unlimited cash printed by the fed itself
This is so OP it sounds like a final technique in a long running shonen.

[Anonymous No.18450772]

>>18449292
>As long as people are fed, housed, and entertained no one will do anything about it.
I'll gladly live a life full of bread and circuses if it is guaranteed I won't suffer.

[Anonymous No.18451193]

>>18450772
Frog in a pot

[Anonymous No.18451385]

are you all brainlets...

doesnt this simply mean the bank can loan the entirety of their holdings... not that they can loan more than they have...

[Anonymous No.18452204]

>>18450686
We can call it 0% Loan, and give the anime a ridiculously happy intro, having nothing to do with the plot or characters.
>>18451385
They can lend 100% of their holdings, but should they lend beyond this, can make up for the shortfall by getting interbank loans to zero out their books for the night. Except, if all banks are lending at 100%, that only leaves the FED; who as a lender of last resort will print money, and make up for the shortfall (at a 0% rate). What does that mean?
> Money Printer Go brrrr
If I'm wrong, please some finance or econs anon tell us wtf the fed is doing, and where the money is going/if it's even entering the money supply to cause inflation.

[Anonymous No.18452250]

>>18450411
holy moly dude I just searched this and it appears to be true

will the powers that be cancel all debts though? If so I am about to take out loans to go into ARPA just wow

[Anonymous No.18453360]

>>18450411
> . . intensifies

[Anonymous No.18453426]

>>18449249
So banks can now LARP as having infinite money...
Maybe it‘s time to just move past this whole """money""" idea

[Anonymous No.18453445]

Mutts BTFO as usual

[Anonymous No.18453497]

>>18449249
So why do we continue to go to work for literal monopoly money?

[Anonymous No.18453521]

>>18449249

The dollar is worthless yet civilization presses on.

[Anonymous No.18453547]

>>18449249
The entire field of economics is made up voodoo bullshit. Its literally playing a form of Dungeons and Dragons, they make up dumb shit to make themselves rich from nothing

[Anonymous No.18453571]

>>18453521
That's because civilization never needed money in the first place. Communist barter system is coming soon, brothers!

[Anonymous No.18453604]

>>18453497
don't ask questions and keep wagecuckin for 50 years bro

[Anonymous No.18453651]

If only we could base our economy on something real or tangible like labor time...umm....

[Anonymous No.18453671]

>>18452204
The anime was called C - THE MONEY OF SOUL AND POSSIBILITY CONTROL

[Anonymous No.18453675]

>>18449249

Banks never had your money so it makes no difference. Any money you put in a bank is gone by default.

[Anonymous No.18453688]

>>18450772

The only guarantee you'll have is suffering

[Anonymous No.18453715]

>>18449249
> UNLIMITED POWER!!!!

[Anonymous No.18453731]

>>18453497
Stop being an antisemite

[Anonymous No.18453764]

>>18453651
yo go pay me for slacking off for 10 hours, will ya?
i guessed so commie

[Anonymous No.18454513]

>>18449249
HELLLLOOOO???
ZERO RESERVE???
IS IT REAL? IS IT A SCAM?
PEE PEE? POO POO?

OH MY GOD
IT'S REAL ISN'T IT
IT'S REAL
WE'RE ALL GONNA GET BOGGED
JEWS WIN AGAIN

[QQQ fanboi No.18454544]

>>18449363
Now this is a big brain post

[Anonymous No.18455637]

>>18450411
Nice happy merchant

[Anonymous No.18456645]

>>18453651
fuck off karl

[Anonymous No.18456985]

>>18449278
Ponzi scam shitcoin. Will dump to $3500 after the halving and then settle around $3k long term

[Anonymous No.18457781]

>>18453651
Every time.

For a bunch of commies who can’t stand an entrepreneur profiting from production of tangible goods like burgers, they sure do eat up the propaganda from those who don’t make anything but just (((lend money))).

[Anonymous No.18457845]

>>18449506
its a thing right now except the people at the bottom are not benefiting. What do you think fed printing is. I just signed up for neet bux like a nigger just because they are fucking with the money supply so much. Why not do the same shit when paper means nothing

[Anonymous No.18457909]

>>18449249
>Is this the biggest coup in political history?
yes buy gold and crypto

[Anonymous No.18457977]

Interestingly this change to reserve requirements was announced on March 12 to take effect on March 26. Corona hysteria kicked off March 11. It could drive a person to madness if it weren't just an easily ignorable coincidence.

[Anonymous No.18458029]

Your money has value zero. Stock show high numbers with value zero. You cannot buy things with zero

[Anonymous No.18458223]

>>18453497
Because the guns we own are just for show.

[Anonymous No.18459590]

>>18449249
positive feedback circuit hits saturation?
saturation voltage level set by interest rates?
reserve requirement only affects rise time?
just kidding made that all up ooga booga

[Anonymous No.18459839]

>>18449249
Wait a minute
>zero reserve
>fed issues loans/QE
>banks lend to debtors to pay previous debt to banks
>companies max credit and then pull from their accounts causing banks to go bust and suddenly they have no more debt
Tell me why this wouldnt work

[Anonymous No.18460007]

>>18449455
Bank runs exist

[Anonymous No.18460048]

>>18453651
Cost is not value retard, if i spend 1000$ to make a totem of shit it does not implies that its value is 1000+$, value is subjective

[Anonymous No.18460059]

>>18460007
they can technically keep 100% reserve if they wanted and still write as many loans as they want. Loans are literally banks creating money

[Anonymous No.18460096]

>>18460007
why would you want to risk getting coronavirus touching filthy money when everywhere is closed and the places that are open all take debit and credit cards?

[Anonymous No.18460117]

>>18456985
BUY BTC AT 3000 THEN

[Anonymous No.18460127]

>>18460059
They wouldnt have a reserve ratio of 100% then, also yes most of money is inside money, where is the issue ?

[Anonymous No.18460146]

>>18449249
banks are going to get justed in the next years

[Anonymous No.18460150]

Reserve requirement refers to chequing accounts, not savings.

100% reserve means they need to have 100% of the cash to cover deposits into their chequing accounts. Once people transfer to savings accounts, that is the pool of money the bank traditionally lent out to businesses and for mortgages.

So basically what this move did is make it so that banks have no cash and can be destroyed with a 4chan-organized run on them.

[Anonymous No.18460197]

>>18460150
Implying those minimal rates are binding

[Anonymous No.18460250]

>>18460127
no you dont understand. The loan is considered completely different money than the deposits. Its new money. If it was printed it would be new bills, but its not it exists only in the computer. They typically limit themselves to the amount of the deposits, but they have no obligation to.

[Anonymous No.18460338]

>>18452250
Goyim don't count. All of their laws apply only to themselves, which is why they can fuck prostitutes. Prositutues = goyim = not human = can treat in any way without sinning.

[Anonymous No.18460375]

>>18449336
>which they still have to pay back
clown.jpg

[Anonymous No.18460434]

>>18450409
Only propped up by foreign govt debt being mostly in USD.

[Anonymous No.18460443]

>>18449336
This is incorrect. As long as the loan is electronic, they have no reason to touch deposits. They are allowed to create currency.

[Anonymous No.18460445]

>>18449336
>not remembering the government bails out banks
Sure anon. Banks care about their reputation and are trembling at the thought of what their reputation would become if they received another bailout.

[Anonymous No.18460453]

haha i have 0.25% interest on my checking account
fuck this shit i'm pulling it all out
I sure do LOVE my quarterly return of 50 cents.

[Anonymous No.18460460]

>>18453651
>labor time
If the valuable portion of your labor is time, you are worthless to society.

[Anonymous No.18460499]

>>18449249

That isn't how it works, the banks can't create money. They can loan 90 cents on that dollar deposit not $10.

Now with no reserve they can loan out 100% of deposits but they can't create money like the fed (in theory - who knows how their systems are audited)

[Anonymous No.18460507]

>>18459839
Because the banks sold your debt to the fed long ago.

[Anonymous No.18460525]

>>18460499
they absolutely can

[Anonymous No.18460547]

>>18449249
Shhhhhhhhhhhhhhhhhhhhhhhh Go back to watching Netflix goy

[Anonymous No.18460569]

>>18460499
You are thinking about it from the wrong way. 10% reserve mean that If you are lending 100$, 10$ need to be in your bank account.

[Anonymous No.18460588]

>>18449249
Welcome to the clown economy where the banks have no money, the plague rages, and the stonks are though the moon. Honk Honk

[Anonymous No.18460602]

>>18460499
>That isn't how it works, the banks can't create money
Are you fucking retarded or something? What do you think happens when a bank runs out of deposits to loan out? Do you think they just close or something you dumb fuck?

[Anonymous No.18460718]

[Anonymous No.18460747]

>>18460602

Well I mean of course they expand the money supply but their deposit pool they loan from will always be greater or equal to the amount of the loans outstanding.

Ie they can loan out 100 when you deposit 100 right now.

They can't just loan out infinity

[Anonymous No.18460761]

>>18460747
>their deposit pool they loan from
This is your first fucking mistake, they don't even loan from the deposit pool you fucking pleb.

[Anonymous No.18460762]

>>18460602

They have to borrow the money from another bank at a lower interest rate than the loan they are issuing (and therefore make money)

[Anonymous No.18460774]

>>18460761

Not literally but their loans are based on their access to capital

[Anonymous No.18460850]

>>18460774
They multiply the numbers as part of a cycle that runs endlessly until the entire system implodes as it was mathematically designed to. It's part of a transfer of wealth to elites.

[Anonymous No.18461087]

>>18453497
hey, cool it with the anti-semitic remarks

[Anonymous No.18461257]

>>18460499
Yes it can, here is how:
You deposit $1000
Bank loans $1000 to Person A
Person A deposits up to $1000 of his loan (he doesnt spend it all at once)
Now the bank has $2000 in deposits but only $1000 on loans
So now they can loan out another $1000
Repeat to infinity.
If it were fractional, then there would be a limit, but now hey can just loop loans forever.

[Anonymous No.18461469]

>>18461257
You are correct. However. The banks can't loan person B $2000 because they only have $1000 from person A. They can create money endlessly, but only as long as people keep depositing. If person A and B both withdrew their money, this would effectively be a bank run.

[Anonymous No.18461551]

>>18461469
Yep. I know the banks near me all have huge lines of cars in the drive trough ATMs every day. Who knows whats going to happen. Once the lockdown is over, we might see a REAL bank run as literally everyone goes to the bank for money.

[Anonymous No.18461821]

>>18461469
>>18461257
You are both wrong and don't understand fractional reserve banking. In a 10% reserve ratio regime which we had until March 26 of this year:
If Bank A has $1000 in deposits, it can loan $10,000.
I am not kidding at all. This is how it works.

[Anonymous No.18461851]

>>18461821
>>18461551
>>18460007
Bank runs can no longer occur because the reserve requirement is now zero. Banks need zero reserves per dollar loaned

[Anonymous No.18462058]

>>18461851
Bruh you dumb. 10% reserve means they have to keep 10% of the deposit, meaning they can only lend $900 of the $1000.

>>18461821
Bruh you stupid. Bank runs happen when the bank can't give people money. If they have no requirement to keep any money, then when people try and withdraw, they can't pay them.

Bruh.

[Anonymous No.18462119]

>>18449249
holy shit.

[Anonymous No.18462177]

Banks have been lending more than their reserves since the beginning, it's the whole point of a bank.

[Anonymous No.18462194]

>>18461821
We are saying the same thing in 2 different ways. If a bank has $1k on their balance sheet for deposits then they can have $10k in loans assuming a 10% reserve req. If a single person deposits $1000, the bank can loan out $900 and repeat this cycle until ultinately they have loaned out $10k. However they cant just loan out $10k from an initial $1k deposit, that doesnt make any fucking sense.

[Anonymous No.18462212]

Fractional reserve lending for dummies

http://www.youtube.com/watch?v=iFDe5kUUyT0&t=7m0s

[Anonymous No.18462297]

>>18462058
>>18462058
No. I am explicitly telling you that 10% reserve ratio means that they need to hold 10% of their outstanding loans as deposits.
Therefore if they get a $1000 deposit, they can create a $10,000 loan. They create money. You don't seem to understand this.
see >>18462212

[Anonymous No.18462324]

>>18449249
Didn’t they have zero requirements before 2008 as well? Seems like another exit scam.

[Anonymous No.18462407]

>>18450772
the weakness radiating off this post disgusts me

[Anonymous No.18462468]

>>18449363
what would that even look like???

[Anonymous No.18462476]

>>18462297
No. Its 10% of DEPOSITS not 10% of the LOAN. With 10% reserve, If they get a $1000 deposit, they can loan $900. Please fucking read dude.

[Anonymous No.18462518]

>>18462476
Just watch the video man

[Anonymous No.18462737]

>>18462518
I've already watched it, your confusing the total amount of loan possible with what fractional reserve means. It MEANS they must keep 10% of deposits, if they lend out everything perfectly at 10% reserve, it can theoretically allow 10x the loan. But they still keep 10% of each intermediate loan in reserved.
$1000 -> $100 + $900
$900 -> 90 + 810
810 -> 81 + 739
Loans = $2439
Reserve = $371
The theoretically limit is x10 (or 1.00/0.10)

[Anonymous No.18462738]

>>18460096
reserves aren't phsyical cash
if you move all your money to coinbase, the currency is removed from the banks ledger
if everyone did this the bank could not cover everyone moving their money out

[Anonymous No.18463445]

>>18462468
I give you $100, and pay you $1 extra to keep it. Americans and their tipping culture for their landlords will easily grasp this concept :^)

[Anonymous No.18463632]

>>18450380
Obviously not. Most peoples jobs are pointless.

[Anonymous No.18464432]

>>18462518
the other guy is right. you are correct in the sense that 1000$ loan eventually becomes 10k, but only after a series of repeated lendings.

10% means banks can only loan 900 of 1k

[Anonymous No.18465010]

>>18449278
This

[Anonymous No.18465197]

>>18462468
A “v” shaped recovery

[Anonymous No.18465402]

>>18463445

[Anonymous No.18466149]

>>18462468
They would literally need the authority to print money. Person A deposits $100, the bank lends $110 to person B, the reserve ratio is -10%. Can't wait!

[Anonymous No.18467460]

>>18449249
BRRRRRRRRRRRRRRR