The Collected Works of Walter Bagehot: The economic essays |
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Стр. 116
their issues rather than to deposit securities for them ? —I should think that they would be unwilling to give security , but that is merely my impression . 7992. Upon what grounds : upon the ground of expense ?
their issues rather than to deposit securities for them ? —I should think that they would be unwilling to give security , but that is merely my impression . 7992. Upon what grounds : upon the ground of expense ?
Стр. 120
Do you think that if there were a system under which the local banks could increase their issues as much as they pleased , by depositing securities to an equivalent amount , it would have the effect of mitiga- ting panics ?
Do you think that if there were a system under which the local banks could increase their issues as much as they pleased , by depositing securities to an equivalent amount , it would have the effect of mitiga- ting panics ?
Стр. 124
You think that sufficient security for any note issue would be given by the bank depositing securities , as I understand , to the full amount of its issue ? —Yes , in the case of notes which were not legal tender ; I do not extend it to ...
You think that sufficient security for any note issue would be given by the bank depositing securities , as I understand , to the full amount of its issue ? —Yes , in the case of notes which were not legal tender ; I do not extend it to ...
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Late Monetary Articles 186676 Closely Related | 9 |
One Banking Reserve or The Economist | 18 |
Will the Money Market Take The Economist | 27 |
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able abstract Adam advantage ages amount Bagehot Bank of England bankers beginning believe better bills called capital capitalist causes classes coin coinage common consider considerable cost course currency deal demand deposits desire difficulty discussion doubt Economist effect employed employment English equal exchange existing fact France give given gold greater idea important increase industry interest issue keep kind labour land least less live London matter means Mill mind nature necessary never notes obtain persons political economy population possible practical present principle probably produce profit quantity question reason reserve result rule Scotch securities seems society supply suppose theory things thought trade true unit Volume wages wealth whole writing