The United States has reserve requirements. The EU has reserve requirements. Ind... | Hacker News

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		IncRnd on Sept 9, 2021 \| parent \| context \| favorite \| on: Money creation in the modern economy (2014) [pdf] The United States has reserve requirements. The EU has reserve requirements. India has reserve requirements.

soVeryTired on Sept 10, 2021 [–]

I never claimed they didn't. I claimed the reserve requirements didn't constrain lending.

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