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The Father Of Quantitative Easing - Richard Werner | PBD Podcast | Ep. 161
PBD Podcast
What's the Story With Reserve Requirements?
The key function that distinguishes banks from others is actually in their lending operations. Many countries nowadays have zero reserve requirements. The current dominant one the mainstream theory that is pushed in the textbooks is Banks They're not very special. You know nothing to see here move on. There's been used mainly to get a handle on what banks are doing.
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