Readings in Money and Banking |
From inside the book
Results 1-3 of 33
Page 122
... borrowed money Although deposits are the main source of loanable funds for banks , they also borrow funds . A minor , but very important , source of borrowed funds is the Federal Reserve System . Banks with reserve deficiencies must ...
... borrowed money Although deposits are the main source of loanable funds for banks , they also borrow funds . A minor , but very important , source of borrowed funds is the Federal Reserve System . Banks with reserve deficiencies must ...
Page 123
... borrow free of required re- serves . For example , a bank may borrow federal funds from a savings and loan association , and the latter may borrow federal funds from a se- curity dealer . More important , a bank may also lend ...
... borrow free of required re- serves . For example , a bank may borrow federal funds from a savings and loan association , and the latter may borrow federal funds from a se- curity dealer . More important , a bank may also lend ...
Page 165
... borrow and to borrow and to borrow , and thus secure the difference between the real rate of interest and the money rate . But after this had been good business for many months , every one began to take a hand , with belated results on ...
... borrow and to borrow and to borrow , and thus secure the difference between the real rate of interest and the money rate . But after this had been good business for many months , every one began to take a hand , with belated results on ...
Contents
Why Bother? | 3 |
The Theory of Money | 12 |
The Evolution of | 23 |
Copyright | |
18 other sections not shown
Common terms and phrases
assets balance bank failures bank notes Bank of England bank's bankers banking crises banking panics banking system bonds borrow branch banking capital cash central bank changes charter circulation clearinghouse commercial banks commodity money costs countries crisis currency demand deposits deposit insurance depositors discount dollar economic economists effect excess demand exchange Federal Reserve Bank Federal Reserve System fractional-reserve banking free banking funds George Selgin gold standard growth rate History income increase inflation inside money institutions interest rates investment last resort lender of last liabilities loans losses ment Milton Friedman monetary authority monetary policy money supply national banks natural rate note issue noteholders operations payments percent period price level price of gold production profits purchasing power rate of interest real output real rate redeem regulation reserve requirements restrictions rise rule securities stability theory thrifts tion trade trend United value of money velocity wages wildcat banking York