The asset expansion has produced a sharp rise in bank reserves, and hence the monetary base, which is composed of bank reserves and currency outside the banking system.
This conundrum may also be viewed in terms of the significance of the behavior of the monetary base, which is a combination of bank reserve deposits at the Fed (both required and excess) and currency outside the banking system.
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Soon, however, the White House admitted the president had himself erred, having approved a White House coffee guest list that included DNC officials, Comptroller of the Currency Eugene Ludwig, and several banking executives.
This was the case with the famous Pecora Commission, the Senate Committee on Banking and Currency formed in the period between President Franklin Delano Roosevelt's election in November 1932 and his inauguration in March.
The combination ticks every box, bringing a presence in key markets for Chinese clients and exposure to a sophisticated foreign firm with skills in areas like investment banking and foreign-currency funding.
Modern Latin American economic history is littered with the detritus of defaults, banking crises and currency controls.
Economic factors take into account banking services and currency exchange laws.
You'll recall that George Osborne departed from that script last week, when he set out the negotiating stance of the rest of the UK on sharing the pound sterling as a post-independence currency, along with oversight and central banking by the Bank of England.
Of course Iceland has been in the news recently because of the meltdown of its banking system and its currency.
And government policy makers worry that money that arrives quickly can leave just as fast, destabilizing local banking, stock and currency markets.
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Battered by a property crash, a banking crisis, a devalued currency and a decline in exports, the beleaguered economy provides a challenge for even the most competent of administrations.
Greece leaving the eurozone and adopting its own currency would be associated with default in its government debt, a collapse of the Greek banking system, and would probably tip the Greek economy into depression.
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In order to stabilize its currency, the U.S. needs sound banking and also to keep its economic engine humming.
Of these balloons, 44 popped badly (resulting in a banking crisis, currency crisis or both) and another 13 very badly, with a 9% contraction of GDP on average.
With consistent regulation it is unlikely that we will need the five current regulatory groups--the Fed, Comptroller of the Currency, Office of Thrift Supervision, the FDIC and state banking regulators.
At Goldman Sachs, BofA and Citigroup, revenues from fixed income, currency and commodity trading, the main contributors to investment-banking profits over the past decade, were up to a third lower than a year ago.
We have long argued that the single currency needs a lender of last resort, a banking union and limited debt mutualisation.
It is still early days but as bitcoin bypasses traditional banking and financial institutions, it is a currency off the grid just as System D.
The president urged Europe's leaders to help the troubled banking sector and warned Greece not to leave the currency union.
It has to have a stable, trustworthy government that is carrying out a set of constant development reforms that bring in new industries, reform the banking sector and have a good amount of foreign currency reserves in order to pay for foreign obligations and protect against attacks on their currencies.
By contrast, Iceland's own banks accounted for all its banking liabilities, and most of these were in foreign currency.
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According to a chapter in this latest OECD Economic Outlook (in which it saw a risk of stagflation for the global recovery), 60% of the 260-odd recent examples of countries receiving large inflows of capital have ended in a sudden and destabilising way, and one in 10 have ended in either a currency crisis or a banking one (maybe both).
For starters, Canada has avoided many of the problems that currently bedevil the U.S.--mountains of public debt, a banking system in crisis, the housing debacle and a weakened currency.
Ahead of the vote, supporters said approving the treaty would help ensure financial stability in Ireland, warning that a rejection could lead to a renewed banking crisis and potentially force the nation out of the euro currency union.
Babacan points to Turkey's services industry and banking sector as an example for Europe and the eurozone's embattled single currency.
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But with banking restrictions, high inflation, and the plunging value of Iran's currency, many drugs are costly and hard to find in Iran.
Indian banking stocks surged after Moody's unified India's foreign and local currency government bond ratings at Baa3 and left ratings of government-related issuers unchanged.
Those reserves bloat the monetary base (reserves plus currency outside the banking system), but they have not been used for money-creating bank lending and investing.
Bernanke is worried about the parlous state of the de-leveraging U.S. economy, and possibly worried that the U.S. banking sector is not strong enough to weather more currency turbulence.
It would be unwise for China to float the yuan until it has cleaned up its banking system, but it could repeg against the dollar at a higher rate and shift to a currency basket, which is what the government has said it would like to do.
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