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Virtually no one is talking about us moving to "zero reserve banking" in March. It happened under the radar. I'm not an economist, but at the very least this se
by stuntkite 6y ago
Virtually no one is talking about us moving to "zero reserve banking" in March. It happened under the radar. I'm not an economist, but at the very least this seems like it is a huge deal and at most an indicator of impending catastrophe.
https://medium.com/navigating-life/we-just-went-from-fractional-reserve-banking-to-zero-reserve-banking-and-its-a-pretty-big-deal-c501432e9be6 https://medium.com/navigating-life/we-just-went-from-fractio...