entity · derived

Reserve ratio

2 claims across 1 works, 2019–2019.

Derived node: assembled mechanically from the claims carrying reserve-ratio. A roster, not an adjudicated definition.

Every claim under this term

• 3402701-021 2019 condition: Contesting the common assumption that a 100 percent reserve is required to guarantee a peg, the authors argue full reserves are not always necessary for any currency that has intrinsic worth.
• 3402701-022 2019 mechanism: Contesting the standard reading, the authors argue Soros broke the Bank of England not because the pound lacked full foreign reserve backing but because the pound was pegged at an inauthentic value.

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