nukemandan

This is a direct path to a central bank (digital) currency that they are the depository institution for individuals.

I wanted to use this, but its two tear stale with no release, seems unsupported and likely to fall into being unuseful as other models and tools exponential get better, sadly.

Is the zero reserve ratio requirement what you are referring to here? Thus allowing banks working directly with the Fed to have zero "real" dollars in existence for customer deposits?

I believe this is not true for all banks, but surely is shocking that this measure is in place, as it is unclear what holds those primary banks from lending to any extent they wish. I must be missing something.

The lifetime cost being on par will. No power factor in itself will do that.