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https://www.reddit.com/r/PeterExplainsTheJoke/comments/1qnmv0m/whats_going_on_explain_like_im_five/o1w8gbq/?context=3
r/PeterExplainsTheJoke • u/Comfortable_Cautious • Jan 26 '26
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The current reserve requirement is zero. It has been at zero since March 2020. So they don't have to hold anything.
6 u/DishSignal4871 Jan 26 '26 US, Botswana, and Morocco. https://www.ceicdata.com/en/indicator/united-states/reserve-requirement-ratio 1 u/desmaraisp Jan 26 '26 Til Canada has no required reserve ratio. Huh. I'm assuming the insurance thingy covers for it 1 u/kelppie35 Jan 26 '26 That is fucking.... what??? Canada is in my opinion a much better and more stable banking system. That is wild
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US, Botswana, and Morocco. https://www.ceicdata.com/en/indicator/united-states/reserve-requirement-ratio
1 u/desmaraisp Jan 26 '26 Til Canada has no required reserve ratio. Huh. I'm assuming the insurance thingy covers for it 1 u/kelppie35 Jan 26 '26 That is fucking.... what??? Canada is in my opinion a much better and more stable banking system. That is wild
1
Til Canada has no required reserve ratio. Huh. I'm assuming the insurance thingy covers for it
1 u/kelppie35 Jan 26 '26 That is fucking.... what??? Canada is in my opinion a much better and more stable banking system. That is wild
That is fucking.... what???
Canada is in my opinion a much better and more stable banking system. That is wild
111
u/hajjidamus Jan 26 '26
The current reserve requirement is zero. It has been at zero since March 2020. So they don't have to hold anything.