Post #4181316

@RFPatterson@mastodon.nz I replied to Zack Polanski about this the other day, with further resources for an equity-based model. Glad to see I'm not totally alone on this! Just as an aside, the BoE initially released this in 2012, the only difference being they said initially that they adjusted private bank reserves mechanically based on the amount of credit they had sold at a given time (not a biggie, it's a central bank change in policy). But that's been wiped from the internet and I've long since lost my copy. https://infosec.exchange/@davep/116988976316954113