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426

They can also refuse withdrawals.

https://archive.ph/ffhOz

Edit: nevermind the reserve requirement is 0%

They can also refuse withdrawals. https://archive.ph/ffhOz Edit: nevermind the reserve requirement is 0%

(post is archived)

[–] 1 pt

i think this is actually old news. from the pandemic I believe their "required reserve" was lowered from 10% (like your example) to 0% in 2020. you know cuz covid and reasons.

receipts: https://www.federalreserve.gov/monetarypolicy/reservereq.htm

[–] 2 pts

It's 0% up to $16.9 million. Then it's up to 10% after $127.5 million. There's an archive link in the OP.

[–] 2 pts

gotcha. thanks.

[–] 1 pt

Nevermind the reserve ratio is 0% now

[–] 0 pt

OP links archive web page from 2019.

Myplums points out OP is a faggot for posting nonsense from 2019 which was changed in 2020.

Bigger faggot (you, again) tells myplums he's wrong because 2019 archive link is more correct than present day.

The current reserve ratio is 0%, faggot. He even gave you the fucking link.

[–] 0 pt

Shallowgoat OP links archive web page from 2019.

Myplums points out OP is a faggot for posting nonsense from 2019 which was changed in 2020.

Bigger faggot (you, again) tells myplums he's wrong because 2019 archive link is more correct than present day.

The current reserve ratio is 0%, faggot. He even gave you the fucking link

The link in the OP was archived 14 Sep 2022 22:59:01

If you look at the table in the link it even has the 0% and the 3% reserve ratios and their effective dates.