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Posts published in “The Precipice”

Federal Reserve Board – Reserve Requirements

As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020.  This action eliminated reserve requirements for all depository institutions. Source: https://www.federalreserve.gov/monetarypolicy/reservereq.htm

US Hegemony and Its Perils

China declares war on the USA. https://www.fmprc.gov.cn/mfa_eng/wjbxw/202302/t20230220_11027664.html

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