Musgrave, Ralph S. - Volkswirtschaftliche Fakultät, … - 2013
fractional reserve is unlikely to work for long without taxpayer backing. Changing bank regulations in such a way that banks are …” is debatable. Also whether that split is within banks or involves splitting the banking industry into two different types … taxpayer subsidy of such banks. As to the safe half, deposits are not loaned on or invested, thus the relevant money is not put …