fractional reserve no longer requires 10%.
It was changed to 0% in Mar-2020.
It's 100% Monopoly money.
https://www.federalreserve.gov/monetarypolicy/reservereq.htm
fractional reserve no longer requires 10%.
It was changed to 0% in Mar-2020.
It's 100% Monopoly money.
https://www.federalreserve.gov/monetarypolicy/reservereq.htm
No replies yet.