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Tuesday, February 26, 2013

John Carney — Basics of Banking: Loans Create a Lot More Than Deposits

When someone says "loans create deposits," usually that means at least that the marginal impact of new lending will be to create a new asset and a new liability for the banking system. But in our system it's actually a bit more complicated than that.
CNBC NetNet
Basics of Banking: Loans Create a Lot More Than Deposits
John Carney | Senior Editor

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