fractional reserve banking in australia, page-2

  1. fluffynymph
    56,541 Posts.
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    09/11/08
    23:40
    Post #: 4481662
    Not a bad one:

    Quite complicated. Gives an example of a ANZ National Bank Limited Balance Sheet where the (legal tender) cash held by the bank is $201m and the demand liabilities of the bank are $25482m!

    http://en.wikipedia.org/wiki/Fractional-reserve_banking
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    lightbulb Created with Sketch.  Great analysis
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