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Bank Deposits

Why Has The FED Acted As If The World Is About To End? Here’s Why:

Fri, 10/31/2008 - 8:54am | posted by Austin Wilkes

Since the middle of the 20th Century, when the Federal Reserve started compiling this measurement of non-borrowed bank deposit reserves there has been little short term deviation from its normal levels. Long Story short - Bank reserves, other than those achieved through loans (usually FED funds market, or discount window) have evaporated.

H/T Fincial Ninja.

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