Musgrave, Ralph S. - Volkswirtschaftliche Fakultät, … - 2013
activity that results from full reserve is an entirely predictable result of removing bank subsidies. Far from reducing GDP …, removing subsidies normally increases GDP, and there is no reason to suppose GDP would not rise as a result of removing bank … subsidies: i.e. switching to full reserve banking. Section I sets out the argument, and section II deals with some common …