The Banking System

Suggested Reading

"About the Fed." Board of Governors of the Federal Reserve System, 23 Jan. 2018.

Federal Reserve Bank of Chicago. Modern Money Mechanics, 1994.

Humphrey, Thomas M. "The Theory of Multiple Expansion of Deposits: What It Is and Whence It Came." Economic Review, Mar./Apr. 1987.

"Money Creation in the Modern Economy," Bank of England, 14 Mar. 2014.