Tema Bank of England trumpai ir aiškiai apie pinigus
Data 2014-03-28 08:53:39
This article explains how the majority of money in the modern economy
is created by commercial banks making loans.
• Money creation in practice differs from some popular misconceptions —
banks do not act simply as intermediaries, lending out deposits that
savers place with them, and nor do they ‘multiply up’ central bank money
to create new loans and deposits.
• The amount of money created in the economy ultimately depends on the
monetary policy of the central bank. In normal times, this is carried
out by setting interest rates. The central bank can also affect the
amount of money directly through purchasing assets or ‘quantitative easing’.