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lil_king420

Fed Reserve Ratio Zeros on 3.26.20 - Empty Bank Accts Now!

Mar 23rd, 2020
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  1. First posted on Facebook March 22, 2020 2:27pm CST
  2. Link to post on FB ----> https://bit.ly/FedReserveRatioZero_CTA
  3. Link to post Tweet ----> https://bit.ly/FedRemovesReserveRatio_Tweet_CTA
  4. Please share this everywhere as The Fed change becomes effective on March 26th 2020.
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  9. My fellow Americans. My friends. I humbly implore your undivided attention! Certainly we are all very aware that on March 13th 2020, Trump declared a national emergency due to the Coronavirus outbreak in our country. What the majority of you likely do not know, is the response of the Federal Reserve two days later, on March 15th, to become effective on March 26th 2020...
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  11. For the first time in the history of this country, the Federal Reserve has announced it will completely removed what is called the "fractional reserve requirement" from all banks in the U.S. Right now today, American banks are required to keep on hand and available for immediate withdrawal, a certain amount of the cash, that we the people, give to them for safe keeping by depositing our paychecks. On March 26th, 2020, this action will effectively eliminate those reserve requirements for ALL depository institutions by making the "fractional reserve ratio", ZERO percent. This will allow banks to invest every cent of our deposited monies, with absolutely no direct safe guards in place to guarantee our cash is available to withdraw should the want or need arise.
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  13. What does this mean???
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  15. Well, I'm no financial expert but I suspect it's time to go get our money from our banks before there isn't any money to withdraw!!! Do not panic. Do not succumb to hysteria. Stay calm and FUCK THE SYSTEM! Save your cash and empty your accounts today before the banks tell us they can't give us our money because they don't have it.
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  17. Please share this post everywhere because have YOU heard about the Fed's announcement before now?! And don't listen to me people... you don't know me and I might not know wtf I'm talking about! Go research it for yourselves and then get to your bank!!!
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  19. Knowledge is free.... understand it... then share!
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  21. Sources:
  22. "Federal Reserve: Recent Actions in Response to COVID-19" - a report by Congressional Research Service (CRS) - Congress’ think tank. https://www.everycrsreport.com/reports/IN11259.html
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  24. What is "Fractional Reserve Banking" - a reasonable explanation article with an easy to understand VIDEO to help - https://www.investopedia.com/terms/f/fractionalreservebanking.asp
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  26. "Reserve Requirements"
  27. https://www.federalreserve.gov/monetarypolicy/reservereq.htm ( explains the Fed Board’s authority to impose reserve requirements and how reserve requirements were administered prior to the change in reserve requirement ratios to zero on 3-26-20.)
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  29. "What Are Bank Reserves?" - a reasonable explanation.
  30. https://www.investopedia.com/terms/b/bank-reserve.asp
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  32. "The Truth About Fractional Reserve Banking" - VIDEO https://www.youtube.com/watch?v=CAYkmutzcrU (a user friendly animation which shows us the reality of our current system)
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  38. Pasted here in solidarity with the many efforts trying to find a better way for humanity to live. The purpose of this post should be plainly obvious... #bankrun = #revolution PLEASE SHARE IT! Given the current global situation, nearly all of humanity is at home, hyper vigilant and paying attention.
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