Matches in DBpedia 2016-04 for { ?s ?p "The real bills doctrine asserts that money should be issued in exchange for short-term real bills of adequate value. The doctrine was developed by practical bankers over centuries of experience, as a means for banks to stay solvent and profitable. Banks that follow the real bills rule will avoid (1) inflation, (2) maturity mismatching, and (3) speculative bubbles.1) A bank can avoid inflation of its money by always keeping enough assets to back the money it has issued. Thus a bank that issues $100 must get at least $100 worth of assets in exchange. Failure to get at least $100 worth of assets would leave the bank insolvent, and would cause inflation of the bank's money due to inadequate backing.2) Maturity mismatching occurs when, for example, a bank's liabilities come due in 30 days, while the bank's assets will not mature for 1 year. Bank notes and deposit moneys commonly have 30-day suspension clauses, allowing the bank to delay payment for 30 days. A bank that issues its money in exchange for short term assets that are payable in 30 days will thus match the maturities of its notes (30 days) to those of its assets, and will avoid illiquidity and possible insolvency.3) A wise banker does not lend money to clients engaged in excessively risky, speculative bubbles. By issuing its money only in exchange for real bills (i.e., bills issued by real businesses engaged in real productive activity), a banker assures that it is lending money to solid, reputable businesses, rather than to speculators with inadequate capital."@en }
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- Real_bills_doctrine abstract "The real bills doctrine asserts that money should be issued in exchange for short-term real bills of adequate value. The doctrine was developed by practical bankers over centuries of experience, as a means for banks to stay solvent and profitable. Banks that follow the real bills rule will avoid (1) inflation, (2) maturity mismatching, and (3) speculative bubbles.1) A bank can avoid inflation of its money by always keeping enough assets to back the money it has issued. Thus a bank that issues $100 must get at least $100 worth of assets in exchange. Failure to get at least $100 worth of assets would leave the bank insolvent, and would cause inflation of the bank's money due to inadequate backing.2) Maturity mismatching occurs when, for example, a bank's liabilities come due in 30 days, while the bank's assets will not mature for 1 year. Bank notes and deposit moneys commonly have 30-day suspension clauses, allowing the bank to delay payment for 30 days. A bank that issues its money in exchange for short term assets that are payable in 30 days will thus match the maturities of its notes (30 days) to those of its assets, and will avoid illiquidity and possible insolvency.3) A wise banker does not lend money to clients engaged in excessively risky, speculative bubbles. By issuing its money only in exchange for real bills (i.e., bills issued by real businesses engaged in real productive activity), a banker assures that it is lending money to solid, reputable businesses, rather than to speculators with inadequate capital.".
- Q3033598 abstract "The real bills doctrine asserts that money should be issued in exchange for short-term real bills of adequate value. The doctrine was developed by practical bankers over centuries of experience, as a means for banks to stay solvent and profitable. Banks that follow the real bills rule will avoid (1) inflation, (2) maturity mismatching, and (3) speculative bubbles.1) A bank can avoid inflation of its money by always keeping enough assets to back the money it has issued. Thus a bank that issues $100 must get at least $100 worth of assets in exchange. Failure to get at least $100 worth of assets would leave the bank insolvent, and would cause inflation of the bank's money due to inadequate backing.2) Maturity mismatching occurs when, for example, a bank's liabilities come due in 30 days, while the bank's assets will not mature for 1 year. Bank notes and deposit moneys commonly have 30-day suspension clauses, allowing the bank to delay payment for 30 days. A bank that issues its money in exchange for short term assets that are payable in 30 days will thus match the maturities of its notes (30 days) to those of its assets, and will avoid illiquidity and possible insolvency.3) A wise banker does not lend money to clients engaged in excessively risky, speculative bubbles. By issuing its money only in exchange for real bills (i.e., bills issued by real businesses engaged in real productive activity), a banker assures that it is lending money to solid, reputable businesses, rather than to speculators with inadequate capital.".