Two IMF authors, Benes and Kumhof, set out their ideas on the changes to the consolidated balance sheet of commercial banks that would take place on converting to full reserve banking. I expressed reservations about their ideas here.
Now for something more positive: some ideas as to what the balance sheet changes WOULD look like....Ralphonomics
Bank balance sheet changes on converting to full reserve
Ralph Musgrave
No comments:
Post a Comment