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"....the clain that two individuals claim the same property under fractional-reserve banking." i have read at mises.org and lrc of some saying the this is a square cirlce issue. i dont know if they are lying or not. does a bank have 10 percent of a deposit held in a physical money form? is...
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""If I deposit money into a bank, in a savings accout, that gains average interest, with the stipulation that I may remove my money at any time, have I agreed to make my money inaccessible?"" a communicated and understood a mount of money would probobly be more accurate since the...
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I just want to check if my understanding of the reserve requirement is accurate. When the Fed buys an asset from banks or government debt it creates however much money in the form of reserves. So the money supply should be potentially inflated by 10 times the Fed's purchase because of fractional...
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if depositors know that a bank doesnt have all of their money yet the bank communicates that they have all of a depositors money (via a statement or a account balance) -and- in order to 'come up with the money' the bank performs something similar to counterfitting (where counterfitting would...
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Zimbabwe declares its currency dead
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this link http://hallofrecord.blogspot.com/2007/11/does-federal-reserve-cause-inflation.html contains this statement "The question on the table was whether the Federal Reserve caused inflation. I responded - " The Fed doesn't cause inflation or deflation, but the Fed certainly mucks up...
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in another thread containing discussion about malinvestment due to inflation...or perhaps more appropriately a beast called 'credit expansion' i mad ethese remarks...." "if..... 1000 ounces of gold existed and circulated as money in an economy for one year. six months later several...
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i was using the term monetary base to mean roughly.... "M0 -- currency (notes and coins) in circulation and in bank vaults, plus reserves which commercial banks hold in their accounts with the central bank (minimum reserves and excess reserves). M0 is usually called the monetary base - the base...
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another forum thread asks this very question but didnt get into much depth (plain term descriptions) of the federal reserves inflationary mechanisms. this link http://mises.org/Community/forums/p/2989/109799.aspx#109799 lists, which i assume are true ( i am not sure), three ways of federal reserve inflation...
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"I know that for every $100 of deposits a bank can lend $900 on a 10% reserve ratio system," per this phrasing seems confusing to me. it would seem that it would be more correct to say that for every $100 of reserves in a bank the bank has lent out $900 of deposits.... based on a 10% reserve...