of financial crises, showing that money is taken out of circulation when bank loans are paid back. This key insight is at … economy that cannot generate enough demand for its own goods and services. Financial crises result when bank lending slows … down or comes to a halt – while outstanding bank loans are still due for repayment. The mechanism is discussed in detail …

important than bank dollarization in determining crisis risks and costs"--Federal Reserve Board web site …

important than bank dollarization in determining crisis risks and costs …