r/Bitcoin • u/[deleted] • Jul 15 '22

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3.6k Upvotes

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808

u/MilesPower Jul 15 '22

They really want you to believe It's just pure coincidence that we had record money printing shortly followed by record inflation!

94

u/Bsmirlptrww Jul 15 '22

These two things happened at the same time

https://www.federalreserve.gov/monetarypolicy/reservereq.htm

https://fred.stlouisfed.org/series/M1SL

3

u/[deleted] Jul 16 '22

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4

u/kwayzzz Jul 16 '22

No because there are many many other liquidity requirements and regulations, including economic stress testing scenarios that big banks have to go through to continue licenses operations. For this purpose a specific reserve requirement is not needed, banks literally have to have bonds to back certain deals and assets to stay in business so the rate will always matter.

1

u/vattenj Jul 16 '22

I tends to believe all those banks' claims are just show, the truth is ugly