Your bank balance is an illusion
Your bank doesn't have your money
Banks don't need to keep any reserves since 2020
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It’s true. 0% reserve requirements as of march 2020 lol
At least they aren’t “allowed” to go negative? 🥴
As soon as you deposit it in a bank, the money is no longer yours, it becomes the property of the bank and you simply have a claim on it.
