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To: AndyJackson; palmer
 Federal reserve requirements.

Just above the table is a link to a report with historical data at the end, and apparently reserve requirements haven't been slashed from 25% to 6% in forty years like palmer said, but rather they've been fairly constant around 10% over the entire 88 year time range.

79 posted on 12/04/2007 1:22:53 PM PST by expat_panama
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To: expat_panama

Just to be clear, we are not arguing about the Federal Reserve Data. I posted the reserve requirement because nowhere does 6% appear.


80 posted on 12/04/2007 5:30:10 PM PST by AndyJackson
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To: expat_panama; AndyJackson
Reserve requirements as a percentage of monetary base: http://www.federalreserve.gov/releases/H3/hist/h3hist4.txt

in Jan 1975 it was 17112/87574 or 19.5%
in Nov 2007 it was 40355/828703 or 4.8%

81 posted on 12/04/2007 5:32:48 PM PST by palmer
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