Comment on Edlin and Jaffee: From Banking Crisis to Currency CrisisThe Economists' Voice (2009)
AbstractA tax on excess reserves would worsen the banking crisis and could lead to a run on the dollar, according to John Thornton.
- excess reserves,
- banking crisis,
- currency crisis
Publication DateDecember 7, 2009
Citation InformationJohn Thornton. "Comment on Edlin and Jaffee: From Banking Crisis to Currency Crisis" The Economists' Voice Vol. 6 Iss. 10 (2009)
Available at: http://works.bepress.com/john_thornton/1/