The definition of full reserve banking can be a source of much confusion and consternation. The confusion revolves around the definition of “reserve ratio”. Normally, … What Exactly is Full Reserve Banking?Read more
Bank
Posted inBank / Economics / ToMl
People does not want commercial banks to stay responsible for creating most of the money
More than 23,000 people in 20 countries were asked about who they think actually creates 95% of the money in circulation and who they think … People does not want commercial banks to stay responsible for creating most of the moneyRead more
Posted inBank / Economics
Why do banks offer current and savings accounts to the general public
Why do banks offer current and savings accounts to the general public if they don’t act as intermediaries between savers(depositors) and borrowers? When a bank … Why do banks offer current and savings accounts to the general publicRead more
Posted inBank / Corruption / India
PSU banks write off 1.54 lakh crore bad loans
Public sector banks (PSBs) have written off Rs 1.54 lakh crore of bad loans between April 2013 and June 2016, Parliament was informed on Wednesday. … PSU banks write off 1.54 lakh crore bad loansRead more
Posted inBank / Economics / Multimedia
Banking is not an ordinary business
Martin Wolf, Chief Economics Commentator of Financial Times,
Posted inBank / Debt / Economics / Multimedia
House Prices – Why are they so high?
— source positivemoney.org
Posted inBank / Economics
Misconceptions Around Banking
There’s a lot of confusion about how banks work and where money comes from. Very few members of the public really understand it. Economics graduates … Misconceptions Around BankingRead more