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To: 11th Commandment

And when the assets are redeemed for an amount of electrons less than their carrying value, what balances the other side of the ledger?

Reserves (equity).

And when a bank’s reserve amounts gets too low, how many new loans can it make? That is how the money supply will get reduced, sir.


46 posted on 05/06/2016 6:31:32 AM PDT by L,TOWM (There is no longer a system to work within.)
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To: L,TOWM

So wrong


61 posted on 05/06/2016 6:48:53 AM PDT by 11th Commandment ("THOSE WHO TIRE LOSE")
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