Re:Radical Swiss financial reform campaign faces defeat
by spiralx on Tuesday June 12, 2018 @12:47PM
(#17295088)
No, because bank lending is not dependent on customer deposits or bank reserves - lending occurs first, then reserve requirements are met afterwards. See for instance this research paper from Standard & Poor's:
Repeat After Me: Banks Cannot And Do Not "Lend
Out" Reserves
Repeat After Me: Banks Cannot And Do Not "Lend Out" Reserves
https://www.kreditopferhilfe.net/docs/S_and_P__Repeat_After_...