Timeline for Is money lent by central banks to private banks counted in MB or M1?
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| Oct 4, 2015 at 10:49 | comment | added | agemO | Indeed the last part seems really weird to me, it would mean that if you have 1 euro, you could borrow 10, then 100, then 1000 ... | |
| Jul 8, 2015 at 13:00 | comment | added | Lumi | That last part isn't correct. The reserve requirement for the USA only covers on demand checking accounts (Net Transaction Accounts), since the larger part of deposits are unreserved, the reserve requirement is not regulating lending in the US. See: federalreserve.gov/monetarypolicy/reservereq.htm | |
| Jul 8, 2015 at 12:37 | history | answered | BKay | CC BY-SA 3.0 |