3volver@lemmy.world to No Stupid Questions@lemmy.world · 9 months agoWhat would happen if the US didn't bail out the banks again like in 2008?message-squaremessage-square19fedilinkarrow-up176arrow-down15
arrow-up171arrow-down1message-squareWhat would happen if the US didn't bail out the banks again like in 2008?3volver@lemmy.world to No Stupid Questions@lemmy.world · 9 months agomessage-square19fedilink
minus-squareryathallinkfedilinkarrow-up6·9 months agoReserve requirements have been 0% for a while now. Banks don’t actually have any money.
Reserve requirements have been 0% for a while now. Banks don’t actually have any money.