[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 89 KB, 828x277, 16EECF71-76E7-47AC-BE7F-635583FBE583.jpg [View same] [iqdb] [saucenao] [google]
54183237 No.54183237 [Reply] [Original]

Am i mistaken. I thought every commercial bank was fractional reserve

>> No.54183295

>>54183237
The article is written for normies who don't know what Jews are.

>> No.54183301

>>54183237
Not only is every bank fractional reserve, but recent attempts to launch a bank that just holds assets 1:1 and charges an annual fee were knocked back as “a threat to financial stability”.
Look up Custodia bank

>> No.54183313

>>54183237
no, the requestments were dropped during covid. every commercial bank runs a no reserve system

>> No.54184726

>>54183237
Who wrote this it's just wrong. Like a typical redditor just spouting off confidently about things they have no idea about.

>> No.54184829

>>54183237
fucking normie media i swear to fuck

>> No.54184845
File: 1.05 MB, 480x270, 8BFD3276-F2DE-408A-9CC4-B2FFEC9BCDCB.gif [View same] [iqdb] [saucenao] [google]
54184845

>>54183301
>fractional reserve
The denominator is zero as of 2020, there’s nothing fractional about the current scam

>> No.54184875

>>54183237
>was

https://www.federalreserve.gov/monetarypolicy/reservereq.htm

As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions.

>> No.54184888

>>54183237
Every time they make a loan, they create a deposit in the amount of the principal.