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The Interview - Professor Richard Werner joins Hugh Hendry - More Power To The Princes

Real Vision: Finance & Investing

CHAPTER

Misconceptions about Central Bank Reserves

This chapter addresses several misconceptions about central bank reserves, including the misconception that banks can lend out these reserves and the misrepresentation of this fact by central bankers to the public. The chapter also discusses the increase in commercial bank reserves since 2008 and the role of the central bank in managing these reserves.

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