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Post# of 47321
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lostcowboy

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lostcowboy

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Re: Rien post# 7503

Tuesday, 02/18/2003 5:16:40 PM

Tuesday, February 18, 2003 5:16:40 PM

Post# of 47321
Hi Rien, you are getting into the federal reserve banking system. Which is far beyond me. Lets say that I deposit $1000 in the bank. If I understand correctly, at the present time they have to keep 50% of that in the federal reserve bank. That leaves them with $500 to loan out, but they probably only loan out 90%, and keep 10% as cash for daily cash flow.

Come see me at Systematic Investing group #board-966 lets talk formula plans.

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