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Fed Policy: It's Not Fractional Reserve Banking, It's ZERO Reserve Banking

Submitted by Dave Hodges on Wednesday, March 22, 2023 - 19:30.

By Mish

The above image from Fed Policy Tools.

"This action eliminated reserve requirements for all depository institutions."

The Fed openly encouraged and sought both inflation and speculation. It got what it wanted and then some.

Now the Fed has no idea how to fix the mess it created.

Fictional Reserve Banking

The number of people defending fictional reserve banking caught me by surprise. Here is a Tweet chain worth exploring.

Schools Need Fractional Reserve banking?!

Over There

Jeff Martin Thu, 03/23/2023 - 13:34

Comment

The Fed is private. The Fed is owned by the private Banksters. The Fed is controlled by the private Banksters. Why would you expect the Banksters to act in any other way than what's in THEIR best interest, which is operating like a casino instead of a responsible financial institution? That's what the Federal Reserve Act of 1913 did. Rip out the teller cages and install slot machines. And create 'money' out of thin air. (How could anyone have ever thought that was a good idea? Oh! The Banksters.) So now the 'system' is about to crash on their heads and they're running around with their hair on fire. So what happens next? (I hear off in the distance the WWI song "Over There, The Yanks are coming...)

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dave hodges

Dave Hodges has been publishing the Common Sense Show since 2012. The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty.

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