FTX held $900M against $9B in obligations - 10%.
that’s well above what the bank reserve requirement of 0%.
wait til normies find out about that SBF had more customer capital on hand than the reserves held by traditional banks.
bank runs could come once they wake up…
liquidity drying up everywhere.
Nana understands that banks used to be required to maintain certain amount of cash daily based on their deposits (your money), but the Dems recently changed that and they are no longer required to!!!!!
Banks are the crooks that we give our money to so that they can play with our money and CHARGE us for allowing them to use it!
Have you read the fine print on when and how you get your money back that is so called "FDIC" insured?
How LONG do they have to give you your money???
Wait is that the defunct US CORPORATION or the United States for America Constitutional Republic of States?
GOLD AND SILVER GOOD!
FIAT CASH BAD?
