Re:Food Prices Are Soaring Faster Than Inflation and Incomes
by loveistheanswer on Monday March 08, 2021 @02:05PM
(#26390051)
>this is the fractional reserve banking system
Seems like we may need a new technical term to replace "fractional reserve banking", because the Fed reduced reserve requirement ratios to zero percent a year ago.
Seems like we may need a new technical term to replace "fractional reserve banking", because the Fed reduced reserve requirement ratios to zero percent a year ago.
https://www.federalreserve.gov/monetarypolicy/reservereq.htm