Bernanke and Fed to Eliminate Reserve Requirements?


Bill Walker's picture

Sure, why have all those expensive 'reserves' taking up valuable computer memory. After all, the no-reserve policy got Zimbabwe where it is today...

miamizsun's picture

The sad part is that legions of Keynesians will see this as a great move.

Just watch CNBC for proof.

I've been really disappointed that there aren't more people in congress like Dr. Paul, or who at least get it.

And when the defecation hits the ventilation, everyone will look surprised, and start pointing fingers.

Of course no one could have seen this coming..... ;-)