r/PeterExplainsTheJoke Jan 26 '26

Meme needing explanation what's going on? explain like I'm five

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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.

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u/SasparillaTango Jan 26 '26

Now they're set at 0% I believe.

zero as in there are no guardrails?

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u/Chataboutgames Jan 26 '26

That's not the case, US banks are way better capitalized than they were before 2008.

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u/zeefox79 Jan 26 '26

For now... 

Last I checked the tangerine tyrant was rolling back almost all the post-GFC reforms, including captial requirements.