Unlimited Hangout with Whitney Webb cover image

COVID-19 and Central Bank Digital Slavery with John Titus

Unlimited Hangout with Whitney Webb

CHAPTER

Reserves, Reserves of the Federal Reserve

Reserves are an electronic asset to counterbalance the tronic liabilities in the form of bank money. For a long time, that's all reserves did in our system. The vast majority of money issued by the fed was cashed. That changed when the banks got into trouble and had to be bailed out.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner