The 100 percent reserve plan: August 12, 1938

Abstract

Examines, in a paper written in 1938 by Lauchlin Currie, the banking and monetary system of the USA. Presents the 100 percent reserve plan, its claimed advantages and the objections to it. Concludes that a basic reform in the nature of the 100 percent reserve plan is inevitable.

Citation

(2004), "The 100 percent reserve plan: August 12, 1938", Journal of Economic Studies, Vol. 31 No. 3/4, pp. 355-365. https://doi.org/10.1108/01443580410699493