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2024-11-10 12:56:54

Tim Bouma on Nostr: FWIW, fractional reserve went out the window in the early days of the pandemic (March ...

FWIW, fractional reserve went out the window in the early days of the pandemic (March 2020). Most banks now have a zero reserve requirement. Their only concern now is overnight loans for liquidity, when they need to clear with other banks, and the central bank steps in once in a while to back the loan if they don’t have liquidity.
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