# One-third cover of note circulation

- Canonical URL: https://www.gerhardmerk.de/one-third-cover-of-note-circulation
- Post ID: 592348
- Modified: 2023-07-25T21:11:57+00:00
- Language: en

## Definition

The central bank is required to cover one-third of the banknotes issued in gold. In Germany, this was required of the Reichsbank under the Banking Act of March 14, 1875. - See banking theory, chrysomania, currency theory, money, private, money supply, Peel's Bank Act, currency, bound. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! 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/

## Machine-readable

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