Comment on Edlin and Jaffee: From Banking Crisis to Currency Crisis
A Reader's Reaction to:
Show Me The Money by Aaron S. Edlin and Dwight M. Jaffee.
Summary
A tax on excess reserves would worsen the banking crisis and could lead to a run on the dollar, according to John Thornton.Recommended Citation
Thornton, John
(2009)
"Comment on Edlin and Jaffee: From Banking Crisis to Currency Crisis,"
The Economists' Voice:
Vol. 6
:
Iss.
10, Article 1.
DOI: 10.2202/1553-3832.1590
Available at: http://www.bepress.com/ev/vol6/iss10/art1
