Luke Tatum is the owner of Perfect Spiral Capital and author of Between the Lies, How to Reclaim Your Future from the Banks and Wall Street.
I've heard a few people mention the 10% reserve amount in US but it was lowered to 0% in March 2020 from what I can tell. https://www.federalreserve.gov/monetarypolicy/reservereq.htm
I've heard a few people mention the 10% reserve amount in US but it was lowered to 0% in March 2020 from what I can tell. https://www.federalreserve.gov/monetarypolicy/reservereq.htm