ATTENTION!! FED LOWERED RESERVE RATIO TO ZERO!!
the economy is a fucking joke
ATTENTION!! FED LOWERED RESERVE RATIO TO ZERO!!
Ethan Carter
Cooper Hernandez
wait till we get negative interests rate
that's gonna be fun
Caleb Gomez
federalreserve.gov
(((but it was real in my mind!)))
Caleb Roberts
It's unfortunate the media is so busy with all of the coronavirus news, such a monumental shift in the foundation of how global commerce is financed could have benefitted from having more light in the public discourse before being enacted. But these things can't be foreseen. Nature has dealt us a nasty hand and the story that was more interesting to the public won out. I'm sure the Fed knows what they're doing, they're experts.
Adam Edwards
it's in there... last paragraph
Samuel Nelson
>>fractional reserve banking
>>reserve requirements are effectively zero percent
I bet that restores confidence in the markets!
Nicholas Gray
How can we profit from this? It's not like we can borrow money from the bank from 0% interest. And keeping cash is just a loss.
Ian Thompson
I doubt you will ever see negative interest rates consumer side. Checking accounts for example can be negative interest under the hood currently but banks get around this by charging fees instead.
Bentley Price
bitchute.com
yes surely the experts at the fed know exactly what they are doing
Christian Peterson
still, the economy is a joke, how can people still give value to us dollars at this point?
Lets just open a bank guys,
>deposit zero dollars in our bank
>now we can "loan" ourselves infinite money at zero interest rate, first payment in 2100
>profit