Removing bank subsidies leads inexorably to full reserve banking
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KeywordsBanks; full reserve; fractional reserve; narrow banking; bank subsidies;
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
NEP fieldsThis paper has been announced in the following NEP Reports:
- NEP-ALL-2013-01-12 (All new papers)
- NEP-MAC-2013-01-12 (Macroeconomics)
- NEP-MON-2013-01-12 (Monetary Economics)
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