yes. they will own all the businesses that closed and everything will be mcwalmartbucks and you will be paid less and less of their make-believe funbucks.
0 Reserve Requirements for every bank of the US Dollar Empire
I have read your words, based isreali, all of the them ring true in great practicality.
My concern here fundementally rests with principle of western society and dignity of freeman, the information you've provided here will provide great personal wealth to those you use it correctly. But from it i see it emerge a sort of neo-feudalism
So they have been operating as if there's 0 reserve requirements all along?
A solvent bank has more assets than liabilities. It can always sell the assets to pay the liabilities. The historical problem is the assets are not liquid while the liabilities are not but if the FED lends to the bank/purchases bank asssets then banks no longer have a liquidity problem. They just have to keep a small amount of cash on the branches. This is all academic because right now all banks are sitting on gigantic reserves, the required reserve ratio may be zero but banks have a gigantic ratio anyway. Massive reserves.