Talk:Excess reserves

Accuracy

I removed the part linking to unicornfunds.com (see the edit for reasons). It still seems that the article does not represent the current state of research (which is limited).

Proposed merge with Bank reserves

• This merger makes sense to me. I can see little extra that can be said about this topic. —Theo (Talk) 16:46, 22 January 2006 (UTC)

I disagree. I am an economist though:)

I disagree also. These are separate terms.

I also disagree.

I agree. Excess reserves are bank reserves held in excess of the MRR. They are certainly different in their effects, but there is space to discuss this in the main article. ~~Schlorkorator~~

China

"China’s central bank moved late Friday to reduce lending to companies and individuals by requiring large commercial banks to increase the amount of cash they park with the central bank. The move, which came earlier than most economists had expected, was meant to slow China’s breakneck economy and inflation." - Bradsher, K. (February 12, 2010) "China’s Central Bank Hits Brake on Hot Economy" New York Times

If China increases excess reserves to slow their economy, does that mean that Paulson, Bernanke, and Geithner were all wrong about the wisdom of interest on reserves? Why can't Sheila Bair call them on it? Is she not pressing her $24B asset detoxification plan because she believes her party's assertions that Obama is a bad leader? 99.27.200.196 (talk) 21:49, 13 February 2010 (UTC)

"Emergency Economic Stabilization Act of 2008"

Why does RoadTrain change the section heading to "General nature of excess reserves"? 168.103.208.100 (talk) 13:50, 8 November 2012 (UTC)

• Because it's barely about "Emergency Economic Stabilization Act of 2008" itself. If you don't like my heading, offer yours. --RoadTrain (talk) 19:41, 21 November 2012 (UTC)
• It's simply copied from that article. In its current form this article is US-oriented and describes excess reserves persisting in US financial system. It should be rewritten, though I won't change the heading anymore.--RoadTrain (talk) 19:47, 21 November 2012 (UTC)

QE

QE creates excess reserves due to govt spending not being collected as taxes (i.e saved) is not drained with bonds. Why no mention of QE in the article and all this stuff about monetary base and paying interest on reserves reduces inflation (???) 90.217.167.67 (talk) 21:43, 20 June 2015 (UTC)

Working Monetary Base

This section is confused and confusing. I advocate for its deletion. DaveDixon (talk) 17:26, 2 October 2016 (UTC)

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What is current total of excess reserves?

What is current total of excess reserves?

Oh: The line "The Congressional Budget Office estimated that payment of interest on reserve balances would cost the American taxpayers about one tenth of the present 0.25% interest rate on $800 billion in deposits:" might have been appropriate in 2016. Spoiler alert: It isn't 2016 anymore.Jamesdowallen (talk) 09:47, 13 January 2019 (UTC)

Buried elsewhere in the text is a pointed reference to $35 billion paid to banks as interest on their excess reserves. That fact is several months old; the number is now closer to $44 billion I guess. What are a few billion among friends?Jamesdowallen (talk) 09:47, 13 January 2019 (UTC)