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A comment on America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs. Parent comment

Re:America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs by jganetsk on Thursday October 13, 2016 @03:34PM (#12703414)
Except for reserve requirements https://en.wikipedia.org/wiki/Reserve_requirement#United_Sta...

And once the reserve requirement is maxed out, the only thing that can permit more private money creation is central bank money creation

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Re:America’s Dazzling Tech Boom Has a Downside: Not Enough Jobs by bubbleRefuge on Wednesday October 19, 2016 @02:46PM (#12746532)
Right. Banks can borrow reserves to meet requirements. It doesn't prevent them from meeting loan demand. Money creation is congruent to loan demand. Also, reserve requirements are accounted for in the next accounting period not in real time.
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