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Banks were required to keep a certain portion of their deposits as reserves at the Fed. Any cash in excess of the “required reserves” were a bank's excess reserves. Those excess reserves could be deposited at the Fed or loaned to other
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“Bless your problems: Thank your problems. Understand they are here for a reason and will serve you in some way.”
― Master Your Emotions: A Practical Guide to Overcome Negativity and Better Manage Your Feelings
― Master Your Emotions: A Practical Guide to Overcome Negativity and Better Manage Your Feelings
“The reality is life is a single-player game. You’re born alone. You’re going to die alone. All of your interpretations are alone. All your memories are alone. You’re gone in three generations, and nobody cares. Before you showed up, nobody cared. It’s all single player.”
― The Almanack of Naval Ravikant: A Guide to Wealth and Happiness
― The Almanack of Naval Ravikant: A Guide to Wealth and Happiness
“The philosophy was nationalization, centralization, control, regulation. Now this had to end.”
― Keynes Hayek: The Clash that Defined Modern Economics
― Keynes Hayek: The Clash that Defined Modern Economics
“Often it is through a process of emptying the mind that transformation can occur. Ironically, the most powerful changes in our life can be triggered by a moment of emptiness.”
― Beyond Duality: The Art of Transcendence
― Beyond Duality: The Art of Transcendence
Underground Knowledge — A discussion group
— 26268 members
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This global discussion group has been designed to encourage debates about important and underreported issues of our era. All you need is an enquiring ...more
Vayanashala
— 2692 members
— last activity Sep 21, 2026 06:24AM
This group aims at bringing all the Keralites/Malayalis together and discussing the common interest which made us a part of this site--BOOKS.So join t ...more
Bangalore book group
— 207 members
— last activity Dec 01, 2022 09:52AM
open to all pathetic bibliophiles residing in the once fair city of Bangalore
The Chennai Book Club
— 3212 members
— last activity Sep 15, 2026 09:30PM
This is a place where readers from Chennai can discuss, share and exchange books. We also have monthly meet-ups, usually held on the penultimate Sund ...more
The book you like most
— 51156 members
— last activity 1 hour, 1 min ago
This group (ranked in the TOP 100 most popular groups on Goodreads) is dedicated to the "Vision and Story" project. Additionally, the group THE BOOK ...more
mJ’s 2025 Year in Books
Take a look at mJ’s Year in Books, including some fun facts about their reading.
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186 friends
1,324 books
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580 friends
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569 friends
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391 friends
4,640 books
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103 friends
3,362 books
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110 friends
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