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FYSA (media.greatawakening.win)

posted 1 year ago by dudehat 1 year ago by dudehat +197 / -0

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– MissBear 4 points 1 year ago +4 / -0

Q: Why are so many banks allowed to make bad investments? I knew the stockmarket is a casino, but banks should not function that way.

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– someredguy 3 points 1 year ago +3 / -0

Zero (or near zero) interest messed up a lot of things. To earn any interest, you had to go with riskier investments.

There used to be fractional reserve requirements, too. 10%. Now it is zero. There is no requirement to have ANY reserves for the deposits.

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