it was interesting to watch, he doesn’t sound very different from modern fascists. I know

Shining Path

but the deposits are still a liability regardless of whether its held in Government bonds or as reserves.

the banks need the loans as collateral to obtain reserves

see page 130/145

It doesn’t even give them more leverage. They are talking about reserve requirement (customer deposits), ie they only have to keep less Government money. It gives them zero additional capacity to lend.

What you are referring to is capital requirements, which involves increases or decreasing amount/quality of assets (which are loans given to customers or its own assets). In this case banks may give more and riskier loans for the amount of assets they have.

This was what happened in 2008, banks gave out shit ton of bad loans while having little assets. They could go to the Fed and ask for loan but this (normally) would require them to give collateral which they didn’t have, in this case bank would have to be shut down, nationalized or bailed out.

Reserve requirements wouldn’t have prevented this, better enforced capital requirements would have. That’s why Basel norms was all the talk back then.

Fed capitalized the banks unconditionally while the banks provided fed with next to no collateral.

IDP

PBOC really needs a purge, filled with Neoliberals who believe in loanable funds bs. Lowering reserve requirements has never made any difference, it doesn’t free up money for lending.

Even if it was assumed lowering reserve requirements would “free up” money for lending, what if people don’t want a loan? What if they think they won’t be able to pay back? What if they think the interest rate is too high and are waiting for lower rates?

No teeth. SAD

They doing more against piracy than CSAM lmao

deleted by creator

get out of my feed . ik Ukraine is based wholesome epic chungus 100 while Russia is evil Putler 100 million dead. i’ve watched that boyboy vid and its a bit too balanced.

its an ip grabbing site almunked dot com.

made by IDF for ‘informing’ almunked = the savior btw

The Diamond Arm is my fav

Considering they also buy tanks from Russia like the T-90, I doubt there will be any direct exports. The amount of its arms India allowed European countries to export to Russia is still minimal.

‘Not good’ countries these will reach include Myanmar.

At least 182 killed in an Israeli terror attack including women, children and paramedics.

Read theory, folks

I don’t think the current anti-mask “back to normal” sentiment is in any way “western”. It’s very much global outside Japan (and maybe a few other countries). Not many ppl worry about covid anymore and unless there is state willingness and proper enforcement of masks that isn’t going to change.

Many of them were small business kulaks

https://www.inc.com/inc-staff/capitol-insurrection-business-owners.html

China urges its citizens to leave Israel 'as soon as possible

The Office

his mistake getting such a shit truck