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Fed could deflate the currency now by telling member banks to keep more in reserve. They can't steal value from the future (to drink off your lifeblood today)
by EdSharkey 4y ago
Fed could deflate the currency now by telling member banks to keep more in reserve. They can't steal value from the future (to drink off your lifeblood today) as the middleman if money doesn't flow. That's why that will not happen. Simple as.
The party ends for the banksters when the purchasing power completely runs out on their currency. Who knows what happens now.
Usually we have a big war and pandemic/plague at this stage to wipe the slate and provide cover for a currency reboot, but it appears we are fortunately not having that.
Will we get free from the banksters? (Please say yes!)
- notch656a 4y agoRight now the reserve rate is 0%. https://www.federalreserve.gov/monetarypolicy/reservereq.htm https://www.federalreserve.gov/monetarypolicy/reservereq.htm
- omeze 4y agoDoes anyone know why raising the reserve requirements isnt an option bring discussed? My understanding was dropping it to zero was a reaction to covid, but it hasn’t been talked about as a lever since (afaik)
- deleted 4y ago[deleted]