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What is the role of banks in determining the money supply in the United States.?

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What is the role of banks in determining the money supply in the United States.?

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  1. Banks have a reserve requirement say they must hold 1 dollar per 10 in reserves.  The reverse of that is they have a money multiplier of 10.  The inverse of the reserve ration (or requirement) is the money multiplier.


  2. The federal reserve a private bank controls the money supply . They admitted to causing the 1929 depression and could the be at it again ?
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