• That's a very dispersed system but it still works because member banks keep deposits at the Federal Reserve Banks and they're required to keep these deposits.

    这是一个非常分散的系统,但是它还是能起到很好的作用因为会员银行,在联邦储备银行里付保证金,并且它们被要求这些保证金。

    耶鲁公开课 - 金融市场课程节选

  • So the Bank of England effectively enforced that the banks in England kept adequate reserves and they would see some of these reserves in the deposits at the Bank of England.

    所以,英格兰银行有效率地强制执行了,这种制度-英国的银行保有足够的准备金,并且他们将在向英格兰银行的保证金,看到准备金其中的一部分。

    耶鲁公开课 - 金融市场课程节选

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