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> which will be expanded by about 8.5x by fractional reserve banking. Didn't they remove all reserve requirements back on March 15? I thought a 0 requirement
by cma 6y ago
> which will be expanded by about 8.5x by fractional reserve banking.
Didn't they remove all reserve requirements back on March 15? I thought a 0 requirement would cause a bigger than 8.5X multiple with enough time (all else equal).
- aniro 6y agoThey did exactly that.