Don’t know what qtards means, sounds like something a faggot would say.
I do know that I will remove dollars from any bank accounts receiving negative interest and therefore the bank’s reserves will decrease therefore the amount of bank credit it can originate will decrease.
The money you have in the bank will never be charged for you to store it there. Due to the fractional reserve system allowing every liability to be an asset on the balance sheet; the bank can lend out money damn near as many times due to fucked up accounting measures. The primary lenders at the very top (JPM, WF, GS ...) they are given the "negative interest rate," which is they are given money to take a loan out. They then use that to patch up the holes in their balance sheets do to their ability to create money out of thin air, but not having the actual money to give out, because they can't "physically/technically/digitally" create the money. Only the privately held corporation, The Federal Reserve can do that.
Also, If it took you till 2020 to learn about central banking and credit unions, then it's already too late. You should of been stacking gold and silver decades ago if your over 40 years old.
You know more than me so thank for the response. Let me see if I am following correctly. My asset, in this case cash in a bank or credit union, is also their asset when it comes to meeting reserve requirements used to create new bank credit via loan origination?
Furthermore the US treasury is taking out loans from the notFed noReserve at positive interest so they can distribute the new notes to primary bedfellows at negative interest? In which case these bedfellows can use the bonus from being paid to borrow to mask their shortfalls?
I am aware the system is designed to be virtually indecipherable to people like myself. Fortunately I do hold incoming producing land and some lead as well as fiat. The PMs were tragically lost.
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