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By "sit on cash" you mean put it in a bank account where it is loaned out to businesses and homebuyers and governments who then spend it and continue circulatin
by missedthecue 5y ago
By "sit on cash" you mean put it in a bank account where it is loaned out to businesses and homebuyers and governments who then spend it and continue circulating it.
- nitwit005 5y agoOr simply held as excess reserves, as has been happening recently: https://en.wikipedia.org/wiki/Excess_reserves#/media/File:FedExcessReserves1984to2019.png https://en.wikipedia.org/wiki/Excess_reserves#/media/File:Fe...