randformblog on math, physics, art, and design |
Views on various deposit mountains or the expansion of $100 through fractional-reserve lending at varying rates, under the re-lending model. Each curve approaches a limit. This limit is the value that the money multiplier calculates (diagram from wikipedia)
posted by nad | berlin, economy, math, Uncategorized | No Comments »
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You are currently browsing the randform weblog archives for the day Saturday, July 7th, 2012.
