My latest article: The Biggest Banking EleFiat in the Room: The Federal Reserve Requirement — Or The Lack of One How the Federal Reserve Ratio Change Down to ZERO PERCENT in 2020 Contributed to The Crisis Unfolding Today The Silicon Valley Bank(SVB) collapse happened, sending shockwaves of worry throughout the banking industry and finance sector as more bank failures followed...Credit Suisse(CS) was sold to UBS, who was forced by the Swiss government to buy the company in March at a “price per share marked a 99% decline from Credit Suisse’s peak in 2007.” Silvergate and Signature Banks also failed, and rumors persist around Deutsche Bank and First Republic Bank. But there is little discussion about the root issue —Fractional Reserve Banking.. More specifically: Undefined “Fractional” Reserve Banking. You might be asking, “Why is that ‘fractional’ in quotes?” Because…. The reserve ratio was lowered to an unprecedented figure of 0% in 2020.. Continue reading: https://themcgwire.substack.com/p/the-biggest-banking-elefiat-in-the