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There is no reserve ratio. We got rid of it in March 2020. https://www.federalreserve.gov/monetarypolicy/reservereq.htm https://www.federalreserve.gov/monetary
by throwaway742 4y ago
There is no reserve ratio. We got rid of it in March 2020.
https://www.federalreserve.gov/monetarypolicy/reservereq.htm https://www.federalreserve.gov/monetarypolicy/reservereq.htm
- diordiderot 4y agoSo if I open a bank with a couple million dollars I can make an infinite number of loans??
- throwaway742 4y agoNo apparently there are still other rules that keep things in check we just got rid of that one. My understanding is that it did crank up the speed money printing quite significantly though.