Fed Toys with Ratcheting Up the Credit Crunch
会议日期：2012年
学科分类：02[经济学] 0202[经济学-应用经济学] 0201[经济学-理论经济学] 020204[经济学-金融学（含∶保险学）] 020203[经济学-财政学（含∶税收学）] 020202[经济学-区域经济学] 020101[经济学-政治经济学]
摘 要：When the Basel I accords,mandating higher capital-asset ratios for banks,were introduced in1988,they were embraced by the administration of President George *** higher capital-asset ratios came a sharp slowdown in the money supply growth rate and—unfortunately for President George *** and his re-election campaign—a mild recession from July 1990