100% reserve banking

From ACT Wiki
Revision as of 09:58, 8 May 2015 by imported>Doug Williamson (Create the page. Source: The Treasurer, May 2015, p15, Jeremy Warner.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

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.


See also