100% reserve banking: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page. Source: The Treasurer, May 2015, p15, Jeremy Warner.) |
imported>Doug Williamson (Note that 100% reserve banking would be unusual.) |
||
| Line 1: | Line 1: | ||
''Banking''. | ''Banking''. | ||
The maximum ratio of vault cash and balances ('[[reserves]]') with the [[central bank]] to deposits taken by the bank that the central bank could require commercial banks to hold. | The theoretical maximum ratio of vault cash and balances ('[[reserves]]') with the [[central bank]] to deposits taken by the bank that the central bank could require commercial banks to hold. | ||
This would be unusual. | |||
Revision as of 10:02, 8 May 2015
Banking.
The theoretical maximum ratio of vault cash and balances ('reserves') with the central bank to deposits taken by the bank that the central bank could require commercial banks to hold.
This would be unusual.
