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by yanilkr
2283 days ago
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With most of currency being digital, this change of reserve ratio requirements has almost no effect in the way banking and economy works. Added a Wikipedia reference which has more references to empirical studies. “ Many economists and bankers now realize that the amount of money in circulation is limited only by the demand for loans, not by reserve requirements.” https://en.wikipedia.org/wiki/Money_creation#Credit_theory_o... |
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