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Should You Trust Jerome Powell When It Comes to Protecting Your Money?inbitcoinwetrust.substack.com/p/should-you-trust-jerome-powell-and
10 sats \ 2 comments \ @ssaurel 13 Aug 2023 bitcoin
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10 sats \ 0 replies \ @quark 13 Aug 2023
Look at M2 chart since the beginning and you can clearly see what is going on with fiat. Nobody is protecting your fiat. Forget that.
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0 sats \ 0 replies \ @nullama 13 Aug 2023
Since 2020, banks have to have 0% in reserves:
As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020
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