The Fed's Negative Reserve Requirements to Stimulate the Economy

The Federal Reserve is set to cut its reserve requirement from 10% to zero in March of 2020. The lower the reserve requirement, the more money a bank can land out and use to stimulate the economy. But when people's wages are declining prices going up they're not going to spend because they don't have it. "People simply don't have money. They're tapped out," he says.