Your Bank's Legal Reserve Requirement Will Surprise You
In this video, I discuss the current legal reserve requirements for banks doing business in the United States. #bankingcrisis #finance #federalreserve
If you want to learn about what fractional reserve banking is, check out my video: https://youtu.be/PnkOWC4eH3s
Web pages referenced: https://www.federalreserve.gov/monetarypolicy/reservereq.htm
https://www.federalregister.gov/documents/2022/12/01/2022-26065/reserve-requirements-of-depository-institutions#:~:text=The%20Regulation%20D%20amendments%20set,from%20%24640.6%20million%20in%202022
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