Well, in Keynesian analysis, the private enterprises are supposed to create mone... | Hacker News

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		lainga on April 19, 2021 \| parent \| context \| favorite \| on: Bank of England to explore a potential Central Ban... Well, in Keynesian analysis, the private enterprises are supposed to create money. The gov't manages how much they create though reserve requirements.

eruleman on April 19, 2021 [–]

"As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. "

https://www.federalreserve.gov/monetarypolicy/reservereq.htm

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