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4. Financial Crisis, Reserves, and Systemic Risks: A Digression on WMD.

Author

Lorne, Frank T. and Haitao Xiang

Subjects
RESERVES (Accounting), FINANCIAL crises, DIGRESSION (Rhetoric), HUMAN capital, FINANCIAL services industry
Abstract

The article offers information on the use of reserves as the fundamental aspect of the alleged instability of the financial sector of the world. It mentions several concepts of reserves which relate to the basic concept of money and capital along with digressions that clarifies remedies to deal with financial crisis.

Published
2013

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