Group: sci.energy.hydrogen
From: Dan Bloomquist
Date: Tuesday, September 25, 2007 6:24 PM
Subject: Re: This is just the beginning



Paul Thomas, CPA wrote:

> "Dan Bloomquist" wrote
>
>
>>>Clearly that's not what I said. The deposit reserves are not what limits
>>>the amount of loans that can be made by a bank...
>>
>>Well golly Paul, then, what does?
>
>
>
>
>
> A combination of things, customer deposits, and the amount the bank can
> borrow from the Federal Reserve are among the top of that list.

Of course, you offer no cite, just your claim. You do realize that banks
rearly go to the discount window so I'm not sure how this makes the top
of your list. I would really like to see the rest of this list.