> This has literally never happened in the US over the last 100 years. You know what's also literally never happened in America. Converting a fractional to a

> This has literally never happened in the US over the last 100 years. You know what's also literally never happened in America. Converting a fractional to a non-fractional reserve banking system under the nose of the general public. They set reserve requirements to 0% in 2020 and adopted Basel III which itself is fundamentally flawed counting market capitalization exposure as capital reserves in lieu of deposit reserves with asset valuations based upon varying weighted complex formulas with less reporting, also comingling potentially third-party issued debt as a reserve asset paving the way for Ponzi. Fun fact also, asset valuations/reporting requirements for bonds have also been fixed and are no longer market-based if the bank elects to hold the bonds to maturity, at least according to everything that I've read. Sure sounds as sensational as climate change and ice shelf's the size of Rhode Island breaking off. Except, its not a movie and this actually happened, were you paying attention and noticed or is this news to you? Check out the FDIC website if you don't believe me. Bank of International Settlements has a detailed rundown on Basel III, quite a technical dive but well worth it.