Grayox@lemmy.ml to Memes@lemmy.ml · 1 year agoRent is Robberylemmy.mlimagemessage-square153fedilinkarrow-up11.15Karrow-down1105
arrow-up11.04Karrow-down1imageRent is Robberylemmy.mlGrayox@lemmy.ml to Memes@lemmy.ml · 1 year agomessage-square153fedilink
minus-squareSwingingKoala@discuss.tchncs.delinkfedilinkarrow-up5arrow-down6·1 year 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-up2·1 year 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.