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The Recession Paradox | Alfonso Peccatiello
Forward Guidance
The Different Types of Credit Creation
Bank funding can be attracted in various ways, including through the use of collateral such as treasuries/nReserves are assets, not liabilities, for a bank/nRepo operations involve the exchange of reserves or bank deposits for collateral/nCredit creation by banks does not rely on existing deposits or the quantity of reserves in the system/nThe activity of credit creation involves the unilateral creation of new private sector money by banks/nDifferent banks have varying abilities to attract and retain deposits
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