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/biz/ - Business & Finance

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18218276 No.18218276 [Reply] [Original]

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

Is this the end, anons? How the fuck can the FDIC function if there's no money in the banks?

>pic unrelated

>> No.18218580

>>18218276
who gives a fuck

>> No.18218589

>>18218580
You do realize that no reserve requirements means the banks can loan out all their money, including yours.

>> No.18218599

>>18218276
Fuck the banks and fuck the jews

>> No.18218598
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18218598

there's money, just shut up retard

take your 1200$ like a peasant and buy alternative coins

>> No.18218603

>>18218589
Yes, but the FDIC would just print money (up to $250k per account) should the banks catastrophically go under.

>> No.18218613

>>18218603
But wouldn't that devalue the dollar and send it into hyperinflation?

>> No.18218627

>>18218276
Who cares anymore

Everything is unironically fucked. No point in worrying anymore, just try relax and enjoy the spectacular

>> No.18218638
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18218638

>>18218613
>enflaeshon

>> No.18218641

>>18218613
More than Jerome has already?

>> No.18218683

>>18218613
Probably, but unless you happen to have the cure for the coronavirus in your lap then you're just along for the ride like everybody else. Either the banks loan out your money and nothing happens, or the banks go under and your money is worthless.

You're powerless unless you have gold and silver.

>> No.18219487

>>18218647
>glow
h-how?

>> No.18219552 [DELETED] 

We must contain this virus

>> No.18219553

>>18218276
Just because they're allowed to lend everything doesn't mean they will. Over the last decade banks didn't even come CLOSE to lending everything they were allowed to. In fact, at times there has literally been more than a dollar in reserves for every dollar deposited at banks.

>> No.18219570

>>18218276

Just trust me, you dumb fucks

>> No.18219615

>>18219553

And how does that work since there's 4 trillion dollars and over 70 trillion in debt?

>> No.18219698

>>18219523
Oh I get it

>> No.18219705

>>18219523
its just the flu brah

>> No.18221124

>>18218613
Yes.

>> No.18221157

>>18219553
So that's why they made this change then, because the banks all had well over 10%?
The goyim know, kikes.

>> No.18221159

MONEY PRINTER GO BRRRRRRRRRRRRRR

>> No.18221303

>inflation
The more likely outcome is that banks will just keep holding onto their USD, even as the Fed desperately tries to get people to spend. Hello deflation