Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Display:
The wiki article is quite informative. But I suspect that the effects on the money supply of the monetary multiplier depends on market psychology -- whether the market is dominated by greed or fear -- as, even with zero reserve requirement, the bank still has to find customers who want to take out loans.

"It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed May 11th, 2011 at 09:33:14 AM EST
[ Parent ]

Others have rated this comment as follows:

Display:

Top Diaries

Project Free-Dumb

by rifek - May 4
3 comments

Growing Food in Hard Times

by gmoke - Apr 20
1 comment

US Rugby

by rifek - Apr 18

There Are No Grown-Ups In Charge

by rifek - Apr 17
2 comments

Easter Grift

by rifek - Apr 7
1 comment

Occasional Series