[OPE] Required reserve ratio

From: Dave Zachariah <davez@kth.se>
Date: Wed Oct 01 2008 - 15:41:46 EDT

Question: To what extent a would a higher Required Reserve Ratio in the
US have mitigated the current crisis (if at all)?

Countries such as UK and Sweden have no required reserve ratio, so banks
are unrestricted in their creation of credit and debt, whereas in the US
it is 10%.

//Dave Z
ope mailing list
Received on Wed Oct 1 15:47:21 2008

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