-
If the ratio of broad to base money were constant, such fears would be warranted.
ECONOMIST: Policy in a recession
-
The U.S., with unusually small reserves given the size of its monetary base, counts with a gold ratio of 74%.
FORBES: Gold Revving Engine To Jump Start Rally All The Way To $2,025
-
Before the recession began in 2007, the ratio between M2 and the monetary base was about 10:1.
FORBES: An Inflationary Death Spiral
-
When this is taken into account, the debt-servicing ratio is close to its previous peak when the base rate stood at 15%.
ECONOMIST: Economic prospects
-
Sunil Garg, a banking analyst at JPMorgan in Hong Kong, said in a note that HSBC would probably be able to fund the acquisition internally, with the purchase representing 3.5% of its asset base, or an 80-basis-point impact on its Tier 1 capital ratio.
FORBES: HSBC Seeks A Foothold In Africa