Is Your Money Safe? Shocking Answer... (Bank Reserve Secrets Revealed!)

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4 years ago
16

The banks no longer have reserve requirements! 👉 WHAT DOES THIS MEAN FOR YOU? 👈 The Federal Reserve came out with the bombshell announcement and Mike Maloney did an excellent video outlining the insanity of the whole thing. One of the biggest areas of confusion for the average person, is how bank reserves actually work. So in this video I wanted to expand on what Mike outlined, so I guess you could call it “George Gammon Reacts To Mike Maloney!” Also, why would the Federal Reserve eliminate the reserve requirements? What’s their motivation?

If you want to make better financial decisions in the future it’s imperative you understand how the banking system works, and it all starts right now! If you’re interested in the future of the economy THIS VIDEO IS FOR YOU!!!

In this bank no longer have reserve requirements video, I reveal the following:

1. How most people see the banking system (it’s wrong).
2. How the banking system, and reserves actually work.
3. Why would the Federal Reserve eliminate the reserve requirements in the first place?

✅ CHECK OUT Mike Maloney's video on bank reserve requirements: https://www.youtube.com/watch?v=tG6PtkDUJmU&t=185s

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#GFC2.0 #BePrepared #BankingCrisis

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