As an example, please read:
1. This new York Federal Reserve Bank’s 2008 paper – Divorcing funds from Monetary Policy.
The Bundesbank article seeks to handle backlinks (if any) between bank reserves and broad cash and additionally analysis the claims that banking institutions (credit organizations) should protect 100 percent of reserves, a populist proposal to their deposits of belated.
The Bundesbank start with noting that commercial banking institutions create almost all of the broad cash supply via deals with regards to customers. […]