Reserve Ratio Requirements 1913-2024 | US Federal Reserve
I compiled the reserve ratios for every year for the first 111 years of the Federal Reserve system in the United States, since I couldn't find it all in one place anywhere!
@AlanDownunder@StephanieKelton In the chart. What was the mistake in the chart that was corrected? Who was the original creator of the chart that made the mistake?
@lachlanmccall@rethinkecon@khand154 This has been a really helpful! It confirmed my own research finding that there isn't currently an English language instructor-ready introductory textbook that teaches economics from-the-ground-up from a Post-Keynesian perspective. Though Rochon & Rossi is close.
@michaelmezz Sadly, Mankiw's tired thinking is reflected in his economics textbooks, which are *the bestselling* textbooks in the whole world, by a wide margin! It's time to re-write the textbooks! https://t.co/AWMLtWeU9y https://t.co/1k0AJ0oWoq
u can’t sell houses u don’t own
u can’t sell cars u don’t own
but
u *can* sell stock u don’t own!?
this is bs – shorting is a scam
legal only for vestigial reasons
@visualizevalue@naval Why? Because you can share your wealth but you can't share your status? Seems to me like many non-wealthy high status people, such as journalists and authors, do share their status by raising up the voices of others. Meanwhile, many wealthy people don't share their wealth