Massachusetts Sen. Elizabeth Warren is at it again. With mainstream press outlets including Germany’s Deutsche Welle running sensationalist headlines — “How cryptocurrency fueled Hamas’ terrorist attack” — Warren is using Hamas’ attack on Israel to fuel her own war on cryptocurrency. Crypto’s role in the conflict came into focus on …
Read More »Why isn’t the Federal Reserve requiring banks to hold depositors’ cash? read full article at worldnews365.me
The Federal Reserve Board reduced banking reserve necessities to zero in March 2020. Since that point, banks in america haven’t been required to truly maintain any depositor cash within the financial institution, making a flawed system — fractional reserve banking — worse. With Silvergate Bank, Silicon Valley Bank and Signature …
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