Posted in Finance

How much cash should be removed from the financial system? – Journal Important Internet

The world is still, in a sense, tearful in cash. Or at small the electronic equivalent: central-bank reserves. The Bank for International Settlements (BIS), a edifice of bicentric banks, estimates that the balance-sheets of rich-country bicentric banks turn to roughly 50% of agglomerated GDP. That is downbound from 70% in 2021—a change which reflects decimal …

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Continue Reading... How much cash should be removed from the financial system? – Journal Important Internet
Posted in Finance

How much cash should be removed from the financial system? – Journal Important Internet

The world is still, in a sense, tearful in cash. Or at small the electronic equivalent: central-bank reserves. The Bank for International Settlements (BIS), a edifice of bicentric banks, estimates that the balance-sheets of rich-country bicentric banks turn to roughly 50% of agglomerated GDP. That is downbound from 70% in 2021—a change which reflects decimal …

Read More

Continue Reading... How much cash should be removed from the financial system? – Journal Important Internet
Posted in Finance

How much cash should be removed from the financial system? – Journal Important Internet

The world is still, in a sense, tearful in cash. Or at small the electronic equivalent: central-bank reserves. The Bank for International Settlements (BIS), a edifice of bicentric banks, estimates that the balance-sheets of rich-country bicentric banks turn to roughly 50% of agglomerated GDP. That is downbound from 70% in 2021—a change which reflects decimal …

Read More

Continue Reading... How much cash should be removed from the financial system? – Journal Important Internet