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Economic Policy Paper 12-3 Federal Reserve Bank of Minneapolis What Assets Should Banks Be Allowed to Hold? Institutions that finance long-term assets with demand deposits serve a useful role but should be limited to sma
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Document Date: 2014-11-04 10:23:21
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Economic Policy Paper 12-3 Federal Reserve Bank of Minneapolis What Assets Should Banks Be Allowed to Hold? Institutions that finance long-term assets with demand deposits serve a useful role but should be limited to sma