Two big changes from the federal reserve in recent weeks – the ability to operate in complete secrecy, and reducing the reserve requirement for banks to zero.

Path to Liberty: April 1, 2020

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Stimulus Bill Lets Fed Operate in Complete Secrecy

The Federal Reserve Created the Bubble and is Making Things Worse

Fed Press Release

Bob Murphy Tweet

Murphy: The Fractional-Reserve Banking Question

FDIC’s Ridiculous Ad to Stop Bank Runs Is Sending the Opposite Signal

FDIC Deposit Insurance Fund Management

That Reddit Comment

Jefferson to Taylor 1816

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Michael Boldin