> I'm not really familiar with accounting in English but is it really a liability in double-entry accounting? Only if you're the central bank, but for them, it

> I'm not really familiar with accounting in English but is it really a liability in double-entry accounting? Only if you're the central bank, but for them, it really is, yes. For everybody else, money held is an asset, since it's somebody else's (in this case, the central bank's) liability to them.