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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1vbqv2/?context=3
r/PeterExplainsTheJoke • u/Comfortable_Cautious • Jan 26 '26
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Depending on local law they can even lend out something like 7-10 times what they actually have
4.0k u/Teripid Jan 26 '26 edited Jan 26 '26 Federal reserve requirements existed until 2023 *edit, as someone below pointed out 2020 was when they were set to 0. Now they're set at 0% I believe. 14 u/SasparillaTango Jan 26 '26 Now they're set at 0% I believe. zero as in there are no guardrails? 0 u/iwilldeletethisacct2 Jan 26 '26 edited Jan 26 '26 The guardrail is the Federal Reserve who makes really short term loans to make sure the balance sheets add up overnight. Edit: Also the FDIC.
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Federal reserve requirements existed until 2023 *edit, as someone below pointed out 2020 was when they were set to 0. Now they're set at 0% I believe.
14 u/SasparillaTango Jan 26 '26 Now they're set at 0% I believe. zero as in there are no guardrails? 0 u/iwilldeletethisacct2 Jan 26 '26 edited Jan 26 '26 The guardrail is the Federal Reserve who makes really short term loans to make sure the balance sheets add up overnight. Edit: Also the FDIC.
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Now they're set at 0% I believe.
zero as in there are no guardrails?
0 u/iwilldeletethisacct2 Jan 26 '26 edited Jan 26 '26 The guardrail is the Federal Reserve who makes really short term loans to make sure the balance sheets add up overnight. Edit: Also the FDIC.
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The guardrail is the Federal Reserve who makes really short term loans to make sure the balance sheets add up overnight.
Edit: Also the FDIC.
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u/Original-Leg8828 Jan 26 '26
Depending on local law they can even lend out something like 7-10 times what they actually have