learnaboutbit on Nostr: The fact that banks have a 0% reserve requirement is ridiculous. This means they can ...
The fact that banks have a 0% reserve requirement is ridiculous. This means they can basically lend out all of your money.
It shows just how extreme the credit-based financial system has become. The reserve requirement is at 0%, allowing banks to lend more money into the economy to help service existing debt and support credit markets, including the U.S. bond market.
When—or if—debt starts to collapse, I wouldn’t want to have a lot of money sitting in the bank.
#bankingcrisis #financialsystem #reserverequirement
Published at
2026-08-17 13:42:40 UTCEvent JSON
{
"id": "82459bf6c69bc150eb674e31d7463c568e9803d3932c3928ff9ae25c9c854cbe",
"pubkey": "55d41b5528d2035c8daa550b1ec1f16b7663dcb9697460b41bf7b7e1de290d5b",
"created_at": 1786974160,
"kind": 1,
"tags": [
[
"t",
"bankingcrisis"
],
[
"t",
"financialsystem"
],
[
"t",
"reserverequirement"
],
[
"client",
"Damus"
]
],
"content": "The fact that banks have a 0% reserve requirement is ridiculous. This means they can basically lend out all of your money.\n\nIt shows just how extreme the credit-based financial system has become. The reserve requirement is at 0%, allowing banks to lend more money into the economy to help service existing debt and support credit markets, including the U.S. bond market.\n\nWhen—or if—debt starts to collapse, I wouldn’t want to have a lot of money sitting in the bank.\n\n#bankingcrisis #financialsystem #reserverequirement",
"sig": "505bfa8fc89f9e34ad4c08de2d1db61942bd266189718d3b6ae60bea7267a93fb91b886585d65896909383f7871d06b9ed25f3094aed58d157237d4cb19f7a35"
}
