Grayox@lemmy.ml to Memes@lemmy.ml · 11 months agoRent is Robberylemmy.mlimagemessage-square155fedilinkarrow-up11.16Karrow-down1104
arrow-up11.05Karrow-down1imageRent is Robberylemmy.mlGrayox@lemmy.ml to Memes@lemmy.ml · 11 months agomessage-square155fedilink
minus-squareSwingingKoala@discuss.tchncs.delinkfedilinkarrow-up5arrow-down6·11 months ago The banks don’t get to just magically conjure up as much money as that want. It is backed by actual money/assets Haha, dream on. Reserve requirements cut to zero: https://www.forbes.com/sites/bobhaber/2020/03/16/the-fed-fires-the-big-one/#76b638ad6aa8 https://www.federalreserve.gov/newsevents/pressreleases/monetary20200315b.htm
minus-squarebassomitron@lemmy.worldlinkfedilinkEnglisharrow-up2·11 months agoWow, I thought they’d raised it back up after COVID “ended.” How ridiculous, you’d think that would be one of the first tools they’d use to address inflation outside of just raising interest rates.
Haha, dream on.
Wow, I thought they’d raised it back up after COVID “ended.” How ridiculous, you’d think that would be one of the first tools they’d use to address inflation outside of just raising interest rates.