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But this position is actually held by many people in policy circles in both political parties.
That was a strategic simplification, and an unrealistic one — almost all of the monetary base is actually held in the form of currency, not bank reserves.
Mr Bernanke suggests that the severity of the government's debt problem can be overstated, since some 59% of outstanding debt is actually held by public-sector institutions.
"It's a much bigger pot than what is actually held by banks, but we don't know who owns how much, or in which country," he said.
A big block of the unit's stock is actually held by an insurance subsidiary, which uses the shares to secure its promises to pay claims.
Thus, he said, much discretionary power is actually held by civil functionaries who can manipulate priorities, impose barriers to entitlements and pressure legislators for rules and budgets favorable to their own interests.
Similar(43)
For the scene where "I" am hosting a Nova TV show, look closely: the "cameraman" is actually holding a 1985 VHS camcorder I found in the basement.
Put white people in it, of course, but not yourself writing the fiction that the reader is actually holding in his hand and reading!
The level of Series A funding is actually holding steady, not declining, according to the research.
But instead of having my iPod or a cellphone charging there, it is actually holding my deodorant stick.
Krycek, believing Cole is holding a gun instead of the Bible he is actually holding, shoots him, and Cole dies of his wounds.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com