Message from @themysteriousSage
Discord ID: 535167090835849227
banks are heavily regulated, I don't think this is right
I'm an MBA, of course I have.
Bank runs were a major factor in the great depression.
nobody cares that you're a basketball player
:^)
^_^
You can Google it. Reserve requirement ratio.
"The Federal Reserve requires banks and other depository institutions to hold a minimum level ofreserves against their liabilities. Currently, the marginal reserve requirement equals 10 percent of a bank's demand and checking deposits."
There you go. Carry on with the panic.
I just wanted you to be accurate in your fearmongering.
That also doesn't stop the federal reserve (which isn't a government agency) to print more money
is that reserve cash?
"How Banking Works - Prepper Edition"
Don't mind me, I'm amused.
Either way. This will crash one day. The debt ceiling in the US is in the trillions. Once you have abither big economic crisis, this all comes crashing down. Interest can't be paid and it'll cascade into the entire house of cards falling over. War will ensue and your dollars will be of equal value to that of the currency of Zimbabwe
what do you guys think of coach red pill?
Of course all my knowledge of this is from my own research. Do your own.
As that guy in game of thrones said(Lord baelish) , "assume the worst"
@themysteriousSage he's cool
it hasn't happened in japan though, where the situation is much worse
time is damn too fast
I was just watching CRP
his video on autism is good
Whatup simps
I was watching the Insurance, his latest
basically get a Voice recorder
and backup all those files
メキシコにいる
💩
lmao
rip mac miller @Happy Humble Hermit
damn dude, same
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Weirs. Got the same
that's how you know you're alone
who you callin a simp @Whats gay anymore
***fuck hermit uploaded and TFM is streaming and I still have science work to do***
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__***FIRST WORLD PROBLEMS SUCK***__