Replying to Avatar it's me, real fake

If I understand correctly, each dollar you remove from the banking system removes 9x extra dollars that can't be fractionally reserved. that's a big leverage

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Nice and Kind Vic 1y ago

You can't remove dollars from the banking system apart from destroying dollars in your possession.

There is no reserve requirements at banks as of 2020.

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it's me, real fake 1y ago

oohhh.. fair point abt reserves