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Charles T. Hatch

Inflationary Deception: How Banks Are Evading Reserve Requirements And Inflating The Money Supply

Articles of Interest

Author: Charles T. Hatch

Online Publish Date: May 8, 2005

Category: The Fed

Viewed from a practical definition of money, the banking system appears to be engaged in a significant monetary inflation. The use of reserve-sweep programs, which started in 1994, has allowed banks to reduce the effective reserve requirement on transaction deposits (demand and other checking deposits), freeing up high-powered money for other

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