AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
4min chapter
TIP488: Current Market Conditions W/ Richard Duncan
We Study Billionaires - The Investor’s Podcast Network
The Fed's Money Multiplyer Is Infinity
Right now, the required reserves are calculated by the amount of reserves the banks have as a percentage of their deposits. The Fed is having to pay 3% interest on all of these reserves. So what the government should do is increase the required reserve ratio from 0% to 16%. Then it wouldn't be necessary for the Fed to pay interest on the reserves anymore,. There would be no need to pay them for them. And in that case, the Fed would become immensely profitable again.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode