StackSats on Nostr: Fun fact 🤡🌎: Full-reserve banks are not allowed by the Fed, because it could ...
Fun fact 🤡🌎:
Full-reserve banks are not allowed by the Fed, because it could suck deposits out from other banks, threaten the whole fractional-reserve fraud, and reduce the Federal Reserve’s ability to control monetary policy.
Published at
2023-03-14 17:17:40Event JSON
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"content": "Fun fact 🤡🌎:\n\nFull-reserve banks are not allowed by the Fed, because it could suck deposits out from other banks, threaten the whole fractional-reserve fraud, and reduce the Federal Reserve’s ability to control monetary policy.",
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