Bank for International Settlements for central banks, as speculative lending based on inadequate underlying capital and widely varying liability rules causes economic crises as "bad money drives out good" (Gresham's Law). Reserve policy is also important, especially to consumers and the domestic economy. To ensure liquidity and limit liability to the larger economy, banks cannot create money in specific industries or regions without limit. To make bank depositing and borrowing safer for customers and reduce risk of bank runs, banks are required to set aside or "reserve". Reserve policy is harder to standardize, as it depends on local conditions and is often fine-tuned to
Good News, Bad News (novel) Good News, Bad News (novel) Good News, Bad News is a spy/espionage novel by British author David Wolstencroft. The novel was first published in 2004, and was Wolstencroft's first novel. It was published by BCA by arrangement with Hodder & Stoughton. The novel revolves around two men, Charlie Millar and George, both secret agents who are mistakenly placed together as employees in a photo kiosk at Oxford Circus. Neither man is aware of the other's real identity. Then a "Frame Thirteen" order comes through, instructing each to assassinate the other. Charlie and George try at first to carry out the