Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on The ballooning money supply may be the key to unlocking inflation in the U.S.. Parent comment
> bank's constraint against lending more is its equity reserve ratio
Wait, isn't this the same reserve? IE. By putting more capital in the reserve, the banks are able to lend proportionally more?
There are no comments on this comment yet.
> bank's constraint against lending more is its equity reserve ratio
Wait, isn't this the same reserve? IE. By putting more capital in the reserve, the banks are able to lend proportionally more?