Share this postZERO RESERVES...gregorymannarino.substack.comCopy linkFacebookEmailNoteOtherZERO RESERVES...From Greg MGregory MannarinoMar 09, 202133Share this postZERO RESERVES...gregorymannarino.substack.comCopy linkFacebookEmailNoteOther16ShareZERO RESERVES! Incredible.. CLICK ON THIS LINK… https://www.federalreserve.gov/monetarypolicy/reservereq.htm PreviousNext
All banks are on fractional banking so they can loan a hell of a lot more than
if they had more regiments. Now, if they have broken through normal fractional
lending reserve requirements means the lending/loan system is starting to melt
down so they are forced to require "zero" reserves to back their paper. That sounds
crazy until you in MMT territory in which money is just a means to the ends necessary.
This is when normal investors in the "markets" begin bailing out as they start asking
well if there are no reserve requirements than how safe is my money in that bank, etc.?
This is when the investors move their monies to different places to avoid the "possibility"
of getting burned if the system with no reserves crashes and burns which probably will
happen at some point in time. Then after this happens, oh I forgot, it has already happen
what do you think all the "market investors" in bit coin and other cryptos or gold or silver
have done already. Eventually, this then moves to more plebian types like retail investors
begin running to their safe havens as well and then eventually you will find a "tipping point"
that then ends "runs on banks" for their monies at which point (*they already have this in
place in the US and around the World) they only allow you to take out a limited monthly
amount maximum and if it then gets even worse they then take a proportion of your
account out to "fund" the "banking system". After this you then will have a firming up
of the currency for a time, but then you'll will see further declines in the the currencies
as people making any money push it into safe havens whether here or around the world.
But, they can keep this going for some time because people out on the streets will keep
"thinking" with their "normalcy" bias that what they experienced yesterday and the month
before will continue but we know for a fact it won't. I thought it was ironic that Michael
Burry, the guy who shorted the mortgage traunches and made a hell of alot of money
sent out his warning about the whole system with all this going on. In the last day or
so he took down all his twitter comments and said he was out!
Lemmings on a tilting ship's deck with chairs and ship deck items flying off the back of the
sinking ship yet they continue to lounge on the deck sipping their mocca latte's and looking
at themselves in their cell phones taking selfies!!!
It's my opinion as far as the Middle East, there are parties out there now desperate enough
to try something really shocking in terms of attacks both there and around the world so they
number one have everyone obedient to their leadership like we lemmings were after 9-11.
If you opposed the garbage invasions they called you a traitor now you look back and they
were the only one's seeing the carnage and Treasury destruction of these endless wars to
no where except eventual national bankruptcy financially and ethically as you can start now
to see. This goes beyond financial situations, it speaks to the bankruptcy inside the "markets"
now hollowed fully out, the people as they baah, baah, baah even though seeing the mis-
representations, false flags, and out right corruption yet continue onward until it falls apart.
So much for heroes and mighty men and women just now baah, baah, baah sheeple, who
will continue to follow right over the cliff they can see but do not believe it will ever come
to "them"!
So basically they can loan out all your money and have zero liability to the depositor. That’s why you need to adopt the position of being your own central bank and use them as an instrument to pay your taxes and bills. Period.