Money Creation : Misconceptions: A Small Bank Cannot Create Money

Apart from the main misconception of money creation, that is, the exogenous-endogenous money creation debate, there exist a number of lesser misconceptions, including that banks are 'fully lent' when they have no excess reserves, that money creation begins with a new bank deposit, and that a small bank cannot create money. This article refutes the latter misconception

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Year of publication:	2012
Authors:	Faure, Alexander Pierre
Publisher:	[2012]: [S.l.] : SSRN
Subject:	Bank \| Geldpolitik \| Monetary policy \| Geldtheorie \| Monetary theory \| Geldschöpfung \| Money creation \| KMU \| SME

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Extent:	1 Online-Ressource (9 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 31, 2012 erstellt
Other identifiers:	10.2139/ssrn.2120439 [DOI]
Classification:	A22 - Undergraduate ; E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System ; E51 - Money Supply; Credit; Money Multipliers ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; G21 - Banks; Other Depository Institutions; Mortgages
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013102919