The most common measure of the monetary base is bank reserves plus currency outside the banking system.
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.
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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Those fearing the collapse of their local currency or their local banking system won't have to lug around hunks of metal as a way to store their wealth.
Europe's single currency will erode national banking borders.
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.
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).
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.
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.
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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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.
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.
Are Indonesian banks any less flawed or crude than those of Bulgaria or Estonia (which had a dysfunctional banking system prior to its currency board)?
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.
It is true that the Monetary Base, which used to be considered high-powered money because it consists of currency outstanding plus the reserves of the banking system, expands with the expansion of bank reserves.
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.
Merrill Lynchs chief investment strategist, Charles Clough, explains why: The currency collapse in Southeast Asia reflects weaknesses in banking there.
Steady remittances can offer a secondary boost if they are securitized by the banking intermediaries, thus providing hard currency to back borrowing in places where capital is short.
On the one hand, that could slow down the buildup of yuan in Hong Kong's banking system as more of the currency exits the territory to pay for Chinese goods.
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In order to stabilize its currency, the U.S. needs sound banking and also to keep its economic engine humming.
If banking bureaucrats cannot manage a single fiat currency, what on earth makes anyone think they can manage two linked together?
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We have long argued that the single currency needs a lender of last resort, a banking union and limited debt mutualisation.
The lack of unified euro-zone banking supervision also created a problem that the currency-area theorists failed to foresee.
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.
Outsiders suspect that a chunk of the currency board's reserves are pledged to prop up the banking system.
The president urged Europe's leaders to help the troubled banking sector and warned Greece not to leave the currency union.
To quell future challenges over the last year, the Comptroller of the Currency has codified what it claims to be 140 years of banking law.
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