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IPFS News Link • Federal Reserve

Bailout Bill: Banks no longer have to keep money in reserve for deposits

• DailyPaul.com
So there it is, banks no longer have to keep even a small amount of peoples bank accounts available as cash. They don’t have to fail, they can just say they are out of cash today.

1 Comments in Response to

Comment by Catherine Frances
Entered on:
This is CRIMINAL.

The bail out was a SELL OUT!

Catherine



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