on march of 2020 the fed changed the need for banks to have 10% to originate a lot an to 0%. banks create money that's doesn't exist with no skin in the game

This is why I crypto

Fractional reserve banking used to mean a bank needed 10% cash reserves to originate loan.

So you if you put 10% down the bank would use that to create the other 90%.

Or they needed to post 10% to give you a loan. That is now zero%

Your local bank can create money as long as you are a debtor

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

As announced on March 15, 2020, the Board reduced reserve requirement ratios to zero percent effective March 26, 2020. This action eliminated reserve requirements for all depository institutions

Yet workers wages are being blamed for inflation.

Edit

Sorry for the typo on the headline, autocorrect hell