What the fuck is ZERO RESERVE REQUIREMENTS? The Fed just lowered reserve requirements for loans from 10% to 0%. Did we just witness the biggest coup in political history? The banks now get to loan each other and themselves unlimited money with literally no limits and no interest.
HELLOOOO?? CAN ANYONE HEAR ME??? WHY ARE WE NOT UP IN ARMS ABOUT THIS??
>INB4 GLOWIE
UMM... HELLLLOOO? ZERO RESERVE REQUIREMENTS FOR??
Mason James
Other urls found in this thread:
federalreserve.gov
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Camden Sanders
People aren't up in arms because the entire system was designed to be too complex to understand for the average layman
Cooper Johnson
Are you telling me banks can literally just hand each other money... Like, all they have to do is 'call' it a loan but with zero interest who cares, they can just take the cash and oops the loan holder can just burn the document like it never existed.
Jaxson Hall
>OP is samefagging
also, they've been playing funny money since the beginning of time newfag
Jaxson Clark
it's so dumb, even if you take everything at face value, how the fuck is lowering the interest rate going to spurr the economy right now? Is donald drumpf a literal fucking retard? Is there a single person on the planet that thinks right now is a good time to start, open, or expand a business, other than maybe medical shit related to this?
Like who the fuck would do that? It's insane. It makes no sense. Obviously everything Trump did last week - 0%, 1.5 trillion, etc wasn't going to do shit to the markets. Of course they were going to do go down. That fucking retard literally used every last bullet left in the gun to do NOTHING
WHAT THE FUCK?!
Evan Price
ya that's not even fractional banking system anymore there's nothing fractional to it anymore it's just open bar for every banksters at this point they try to burn it down what the fuck
Jaxon Allen
Trump isn't the Federal Reserve you actual retard
Ryder Peterson
it's much better than that
trump is destroying the FED
we're escaping their fiat system
it was the biggest coup but the biggest on to free the people not the bankers
Matthew Watson
Those reserves are for deposits, not loans.
Colton Gutierrez
0%
no more fractional reserve. how do i start a bank?
Robert Barnes
The reserves are OF deposits FOR loans.
Luis Morgan
Imagine being this stupid and also confident. Lmao...your life must be a shitshow
Robert Cruz
it looks to me like he's doing the exact opposite qnigger. keep licking your dear leaders boots until the day you die huh? if i had the chance, on the day of the rope, i'd hang you myself.
Zachary Davis
This can/will create systemic financial instability. Banks could go insolvent in days. Of course the fed wouldn't allow that and they would prop up these banks. How much money would the prop them up with...eh....think 10s of trillions. Inflation could get catastrophically out of control.
Silver is sold out nationwide. you simply can't find any silver bullion. Gone. Gold going the same way.
The long-term effects of this is going to be severe. Don't be surprised if this leads to a very real global depression.
Zachary Campbell
>hurrdurr i am aware the federal reserve isn't federal im so smart
Hello mr. krueger
Ryder Ortiz
basically keep the bubble inflated no matter what- - another scam to keep the rich richer even at the time of massive crisis and recession
William Wood
0% interest and 0% reserve requirements means the loans are now completely unbacked by deposits of any kind, and require no interest to be paid.
Goldman could ''"" loan"" JPMorgan 10 quadrillion dollars with a 10 million year repayment schedule and then they could buy up every asset in our society and nobody could do anything about it.
William Morris
It's a trap to see who tries to abuse it
Aiden White
correct but a bank was allowed to leverage the deposits to make loans as long as they kept a 10% reserve
that is now gone. they can fully leverage every dollar they have in deposit without worrying about the consequence of the illiquidity this can produce later.
Hopefully they only enact this for the short term
Matthew Baker
like they have always been doing?
Gabriel Gomez
Have they ever lowered the reserve requirement to zero, or this a first?
Kevin Johnson
>Usury time
Jacob Wilson
>things are going terribly wrong
>TRUMP IS DOING THIS ON PURPOSE TO CRASH THE SYSTEM AND FREE US ALL!!!
Gavin Ortiz
it's not hard to understand they just took out the fractional in fractional banking system it's party time for schlomo
Robert Baker
It sounds like you think that's a bad thing.
Grayson Williams
t. no argument
Evan King
and because it's not being reported and/or explained.
Owen Moore
yeah there is a computer variable for how much money we got. hey says zero. fed says click on box type in 1000000000. press enter. okay. types in. ok we back in business guyyzz
Nathaniel Johnson
the fed has been ignoring trump since the beginning of his admin, but now this is magically trump's fault lol
Kevin Robinson
ID kek
Juan Kelly
This happened to us during the financial "crisis" of 2008
AIB and BOI were transferring eachother 5mil to artifically create new loans, and make it seem like they were afloat. its more of a sign of bank CEOs desperatly trying to "fix" the issue.
but the fact that its policy is pretty fucking scary. more shows the actual state of fiat currency than anything else
Anthony Howard
Fractional reserve banking was a mistake
Jayden Martin
Trump obviously has a lot of sway over the Fed otherwise they would have been raising interest rates in 2016. But, doing that would mean a definite bear market in Trump's first term.
Hudson Butler
> WHY ARE WE NOT UP IN ARMS ABOUT THIS??
Because Trump is in favor of zero or near-zero interest rates, and thus so is Yas Forums, you stupid shill.
Aaron Harris
watch my 5 silver quarters make me better off in the post world then i am now
David Smith
These will be trying times. but a phoenix will rise from the ashes, a la Weimar Germany
Adrian Anderson
I bet 99% of people on pol don't understand OP post, if they did there would be a revolution tomorrow and the banks would be abolished completely. Not that any of this matter as we are in a matrix and everything is controlled.
William Baker
q faggot
Nathaniel Watson
This is crazy
Julian Brown
Shut the fuck up nigga we on the way to yang gang neetbux. OP mad we're gonna get the mandated NEETbux anime waifus soon.
Charles Fisher
I'll probably take most of my money out tomorrow.
Leo Lopez
oh cool, doublenigger suckin his own dick
Samuel Ross
>currency is literally meaningless
>we on our way to free money!!!!
im not surprised you dont understand the implications here, shill
but at least try
Evan Perry
Reserve ratio is not interest rates.
0% reserve ratio means the banks could essentially print endless money.
Angel Ramirez
no not print endless money, obtain endless money
the money printers would effectively obtain total control, and use the banks as the surrogate
Robert Barnes
>Thus so is Yas Forums
Show flag kike.
Hudson Foster
is this different legalese terminology for suspending the fractional reserve obligations or are these two completely unrelated matters?
Sebastian Rogers
HOLY FUCK. This is real...
> In light of the shift to an ample reserves regime, the Board has reduced reserve requirement ratios to zero percent effective on March 26, the beginning of the next reserve maintenance period. This action eliminates reserve requirements for thousands of depository institutions and will help to support lending to households and businesses.
federalreserve.gov
laskjdfpasjierpmcawp0cuam34uvqneuvnapeovampsdfmc
Monetary policy has just broken. This is fucking insane. WHY IS MSM NOT FREKAING OUT ABOUT THIS?!?!?!
Jason Parker
Pls explain. I’m a brainlet retard
Ian Hughes
I don't know why people aren't freaking out about this. It means, that in theory, there is an infinite supply of money. Like, FUCKING LITERALLY INFINITE SUPPLY.
Zero intere rates. Zero required reserves. Open ANY economic textbook, and this DOES NOT EXIST. The mathematical/theory implications is infinite money supply. Fractional reserve didn't break, it is on steroids.
Anthony Wood
it means they can lend money with no restriction doesnt it?
10% reserve ratio meant that they need to have 10% of whatever total money they lend... right?
but if its 0% they can just lend it all
these levels of jewry shouldnt even be possible
they're going to hyperinflate the dollar to become worthless if im not mistaken
Xavier Perez
See Basically, infinite money supply.
Xavier Cox
>White Spiritual Boy has entered the chat
Nathan Hill
in a casino where there is the option to have 50/50 betting you can martingale yourself to never having to lose double or nothing if you have infinite money
Ethan Torres
There has always been an infinite supply. The Fed has always been able to "print" as much as they like.
Jason Sanders
i'm in that group. i'm not entirely sure if this pertains to the government money printing capabilities, at 0% effective interest rates or to the bank's own fractional reserves regulations. Which is to say, if I understood it correctly at all, banks have just been given the greenlight to print money themselves and ad infinitum. Which they would in retarded levels.
Matthew Johnson
jewish banking schemes are intentionally convoluted, thats how they get away with it
each time they get more complicated so we dont catch on to their tricks until its too late
Noah Sullivan
Trump was literally gleeful about the 0% interest rate, thanking and practically sucking their cocks
can we at least agree he's not unhappy about it?
Ian Gomez
that and they're frantically searching for TP
Daniel Rogers
>This action eliminates reserve requirements for thousands of depository institutions and will help to support lending to households and businesses
esentially a financial institution can borrow indefinitely, to loan indefinitely, to loan indefinitely, to borrow indefinitely
its a vicious cycle that eventually ends in debasement / hyper"inflation" (which is due to fiat currency anyway), and eventual monetary collapse
Eli Miller
No matter how small, a reserve requirement would limit how much money a bank could borrow from the FED. With a 0 requirement, they can borrow at any quantity, no matter how much, at 0% interest rates. This is pretty much free money to banks.
And by being able to lend the borrowed money they will be able to enslave the lender in such way that the collectively owed amount is greater than the current amount available to be used as payment.
There is no way of paying the debt.
Otherwise they could borrow 10 quintilion dollars by simply adding a number to a spreadsheet and then go ahead and buy everything and own everything.
THIS IS FUCKING HUGE! WAKE UP YOU FUCKING NPC!
Chase Scott
Reserve requirements are how much banks have to keep on hand in their vault or in deposits at the Fed. This is really fucky that they’ve lowered the requirements to zero. They must be looking for some real rough shit to go down.
Eli Gonzalez
think you need 10% of the loan you want in order to get it.
1 mill load needs 100,000 on hand to get it.
now you need nothing