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  • Yes, Virginia, There Are No Reserve Requirements (PART 2/2) [View article]
    why is the writer of this article arguing, for reserves on CD's..? When CD are lock in by time restrictions and can not be withdrawn on a whim.

    They can but penalty usually prevents that. CD are an asset to banks capital and not liabilities.
    Aug 12 10:08 am |Rating: 0 0 |Link to Comment
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