Credit Control by Special Deposits

Geoffrey W. Gardiner

Chapter 6 in The Evolution of Creditary Structures and Controls, 2006, pp 88-93 from Palgrave Macmillan

Abstract: Abstract A THIRD TECHNIQUE for controlling the money supply is the use of Special Deposits. It was applied with most enthusiasm in the 1960s and 1970s. In 1990 the Labour Party announced that this was the control technique which it would use if it ever gained power. When Labour got power in 1997, the promise was very sensibly forgotten.

Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28844-7_6

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DOI: 10.1057/9780230288447_6

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