... to the general mass of the circulating medium [6] . © Company 2004 Banking Assets management Systems theory History In recent discussions of the growth of long‐term capital loans in banking assets it is often assumed that theory sanctioned and practice conformed to the principle that short...

...Roger J. Sandilands Presents the conclusion of Lauclin Currie's PhD thesis on banking assets and banking theory. © Company 2004 Banking Systems theory Assets management This, it will be observed, is a statement of the Banking Principle in its most indefensible form, i.e. in its...

... interviewed for the post of Federal Reserve Board chairman. Eccles agreed to accept the post if Roosevelt would agree, as he did, to these proposed changes. See Marriner Eccles (1931), Beckoning Frontiers, New York, Alfred A. Knopf, pp. 171‐3.] © Company 2004 Assets management Economics United...

...Roger J. Sandilands Presents chapter IX of Lauchlin Currie's PhD thesis which discusses bank assets and the business cycle. © Company 2004 Banking Assets management Business cycles The important point, brought out in this study, is that the ability to expand and contract bank...