A cash account called for by some economists into which larger banks would pay according to a certain distribution key. In the event of bottlenecks, the institutions could be supplied from this pool. This would relieve the central banks of the burden of having to step in as money lenders of last resort, as they did in the summer of 2007 in the wake of the subprime crisis. – See resolution mechanism, unified, bank testament, bail-out, liquidity crisis plan, liquidity buffer.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/