TY  -  
T1  - Full-Reserve Banking : Separating Money Creation from Bank Lending 
SN  -  /  
UR  - URN:ISBN:978-951-51-3334-2; http://hdl.handle.net/10138/241062 
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A1  - Lainà, Patrizio 
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PB  - Helsingin yliopisto 
Y1  - 2018 
LA  - eng 
AB  - FRB means that the prerogative to create money is shifted from private banks to public responsibility or that money is fixed to a commodity. In other words, under FRB the money supply consists of government money (i.e. cash, central bank reserves and government securities) or commodity money (e.g. gold or silver). 

FRB was tried in the UK and the US in the 19th century. The FRB experiments did not destabilize the economy. Instead, most macroeconomic indicators pointed upwards. Banks, however, w... 
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