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Bank reserves in enormous quantities are toxic, but like nuclear waste, they pose no danger as long as they're tucked away, in the bank reserves' case, at the Fed. When banks begin utilizing excess reserves in the form of lending, the Fed must then remove the toxins, or tighten the reins.
Contrary to what some say, the fast food restaurant's large number of hires do not affect today's employment data as much as proclaimed.
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