Fractional Reserve Banking | "Up Until Covid Banks Had to Keep On Hand 10% of Your Deposit, Then They Could Lend Out the Other 90%. When Covid Hit, They Got Rid of Those Rules. Then Banks Only Had to Keep 0% of My Deposit."
Dollar Collapse | "They Will Dump Dollars And Buy Anything And When Those Dollars Hit Our Shores They Create Hyperinflation." - Andy Schectman (December 5th 2023) + Who Is Lael Brainard? What Is FEDNow? Are CBDCs Around the Corner?