Tue 28 Jun, 2016 04:19 am - I have read that during the Gold Standard, banks would use capital to purchase state or national bonds and issue notes against those bonds. Where there any limits on what type of capital was... (view)
Mon 5 Oct, 2015 08:19 am - During the free banking era banks could issue notes that were redeemable on demand for specie. When a bank made a loan they would do so by issuing notes. My question is, why wouldn't the... (view)
