Sep 06, 2016

Here are some references to my main assertion that reserve requirements don't limit a bank's ability to loan, instead capital requirements are the limiting factor.

Another good source from digi_owl:

Also this:

and this:

and finally this:

Sep 03, 2016

basically yes.

Apr 27, 2016

> No, we are borrowing from each other in the present.

Not according to the Bank of England.

Mar 28, 2016

> The central business problem for retail banks is how to earn more from deposits than they pay in interest, and to do so at a scale of billions of dollars.

Far from it. They are not deposit constrained, no matter how much mainstream economics likes to think so.

See page 2 onwards, "money creation in reality". And note that this is published by the Bank of England.