3 ms·
The issue I don’t see talked about is the removal of the reserve requirements for banks during Covid. They did that for liquidity reasons. However that allows
by jml78 3y ago
The issue I don’t see talked about is the removal of the reserve requirements for banks during Covid. They did that for liquidity reasons.
However that allows bank A to loan 100% of their money to bank B and 100% to bank C.
This is extremely problematic. And now with bank failures they are too scared to put it back in place.
Just this concept alone creates huge inflation.