Re:$3B in Bitcoin was sold in a last-ditch attempt to save U...
by jcranmer on Monday May 16, 2022 @03:31PM
(#31402203)
The ratio you're talking about is the amount that needs to be in the bank's account with the Federal Reserve as a fraction of its total liabilities. Only the money in that bank account qualifies for that reserve ratio; holding on to a literal stack of dollar bills in a bank vault somewhere does not.
That ratio is 0% because it's been judged that there are better ways to require solvency than doing that (chiefly, requiring capital buffers).
That ratio is 0% because it's been judged that there are better ways to require solvency than doing that (chiefly, requiring capital buffers).