3 ms·
That doesn’t help does it. Somebody has to hold the excess reserves. They can’t be got rid of in aggregate. Some entity somewhere will have a debtor balance in
by neilwilson 3y ago
That doesn’t help does it. Somebody has to hold the excess reserves. They can’t be got rid of in aggregate.
Some entity somewhere will have a debtor balance in Yen with the Bank of Japan.