1. Economic Research: Repeat After Me: Banks Cannot And Do Not "Lend Out" Reserves Credit Market Services: Paul Sheard, Chief Global Economist and Head of Global…
1. Economic Research:Repeat After Me: Banks Cannot And Do Not "Lend Out" Reserves Credit Market Services: Paul Sheard, Chief Global Economist and Head of Global…
Slide 1 The Money Market Slide 2 Money and Bonds Money, which can be used for transactions, pays no interest. currency checkable deposits Slide 3 Money in the US (June 2005,…