0272金持ち名無しさん、貧乏名無しさん
2018/02/24(土) 11:19:09.18>> In fact, the true causal relationship actually runs in exactly the opposite direction.
>>The banking system creates deposits as they are demanded by the private sector,
and the central bank’s main liquidity management task is to ensure a sufficient supply of balances for the system as a whole to maintain reserve requirements, if any, associated with those deposits.
>>It is the amount of deposits that the banking sector can attract that determines the level of reserves not the other way around.