Tue. Jun 18th, 2024

Why the FED Cut Bank Reserves to $0 in the United States

By Online Filmek May18,2024
Why the FED Cut Bank Reserves to $0 in the United States

Did you hear? The Federal Reserve Bank (privately owned and not a government institution) has CUT bank reserves to $0. Yes, ZERO!

Why should you care? Watch my whole video to understand.

➥➥➥ Article Reference 1
Read it ⇢ https://www.federalreserve.gov/monetarypolicy/reservereq.htm

➥➥➥ Article Reference 2
Read it ⇢ https://www.thesheridanpress.com/news/local/federal-reserve-eliminates-reserve-requirements/article_0bad7fd7-5f8c-5062-a66e-c868ab65207f.html

➥➥➥ Article Reference 3
Read it ⇢https://medium.com/in-bitcoin-we-trust/with-reserve-requirement-for-banks-set-to-zero-by-the-fed-you-need-to-think-making-bitcoin-your-6b358acb264f

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#FED #banks #banking

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