that was my interview with william bergman director of research for the truth in accounting now followingup on our discussion about federal reserve cash flows as we will now take a look at fed payments on excess reserves that's the digital money that the fed has printed that banks decide to just leave at the fed and earn a little interest for more on this we turn to prime interest producer justin underhill justin can you give us an update on the trends we're seeing and where this fed money printing is going well as we've talked about before banks that are members of the federal reserve are required to keep a certain amount of cash on hand and on reserve to ensure solvent see in two thousand and eight during the crisis the federal reserve started paying interest on these bankers or in order to encourage banks to keep cash part. at the fed and this incentive works banks started keeping reserves well above the minimum amount required called access reserves and this graph goes from two thousand to today and we have access reserves in the billions of dollars ranging from zero to two trillion a

that was my interview with william bergman director of research for the truth in accounting now followingup on our discussion about federal reserve cash flows as we all know take a look at fed payments on excess reserves that's the digital money that the fed has printed that banks decide to just leave at the fed and earn a little interest for more on this we turn to prime interest producer justin underhill justin can you give us an update on the trends we're seeing and where this fed money printing is going well as we've talked about before banks that are members of the federal reserve are required to keep a certain amount of cash on hand and on reserve to ensure solvency in two thousand and eight during the crisis the federal reserve started paying interest on these bankers or in order to encourage banks to keep cash parked at the fed and this incentive works banks started keeping reserves well above the minimum amount required called access through service and this graph goes from two thousand to today and we have excess reserves in the billions of dollars ranging from zero to two trill