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News@lemmy.world · 4 days ago

72% of Americans Say the Rich 'Have Too Much' as GOP Pursues Another Handout for Billionaires

www.commondreams.org

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72% of Americans Say the Rich 'Have Too Much' as GOP Pursues Another Handout for Billionaires

www.commondreams.org

return2ozma@lemmy.world to

News@lemmy.world · 4 days ago

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www.commondreams.org

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iopq@lemmy.world
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2 days ago
No, because they are allowed to do partial reserves. I assumed a reserve ratio of 10:1
- sqgl@sh.itjust.works
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  OK, thanks but then that raises another question: Doesn’t expanding the money supply devalue the dollar?
  - iopq@lemmy.world
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    1 day ago
    Yes, that’s why the Fed in raising the interest rates actually lowers inflation
- sqgl@sh.itjust.works
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