An edition of Money Creation: An Introduction (2013)

Money Creation: An Introduction

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Last edited by ISBNbot2
August 22, 2020 | History
An edition of Money Creation: An Introduction (2013)

Money Creation: An Introduction

One of the great mysteries and elegant features of the financial system in general, and of the banking sector in particular, is the creation of new money. The largest component of the money stock, bank deposits, is created by accounting entries. Many texts which cover money creation regard the reserve requirement (RR) as being at the very centre of the process, and many still regard the process as starting with a bank receiving a new deposit (placing the required reserves with the central bank, lending out the rest, which then arrives back in the banking system as a deposit; then the reserve requirement based on this deposit is placed with the central bank ... and so on until the process ends with the factor new deposit x 1 / RR ratio). There are countries which do not have a RR, and money is still created in these countries, because money is bank deposits in the main and these are created when banks make loans. The RR is just one of the many factors that impact on bank liquidity.

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Cover of: Money Creation: An Introduction
Money Creation: An Introduction
2013, Bookboon.com

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Book Details


Table of Contents

Content
Introduction and early history
Learning outcomes
Introduction
Money and inflation
Money: technical issues
The simplicity of money creation
Barter
Primitive money
Precious metal coin money
Money creation in the precious metal coin money age
Bibliography
Bank note and deposit money
Learning outcomes
Introduction
Bank note money
Bank deposit money
Bank note convertibility into gold
Bibliography
Financial system and money market
Learning outcomes
Introduction
The financial system
The money market
Money market interest rates
The interbank markets
Bibliography
Money creation: sources & fallacies
Learning outcomes
Introduction
Measuring money
Money identity: sources of money creation
Money creation: fallacies
Bibliography
Bank liquidity management
Learning outcomes
Introduction
What is bank liquidity?
Rationale for a liquidity shortage
An analysis of bank liquidity
Bibliography
Monetary policy
Learning outcomes
Introduction
Money and inflation
A policy on money: then
A policy on money: now
The path of monetary policy: from interest to inflation
Bibliography
Endnotes

ID Numbers

Open Library
OL25636031M
ISBN 13
9788740306033

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Download catalog record: RDF / JSON / OPDS | Wikipedia citation
August 22, 2020 Edited by ISBNbot2 normalize ISBN
November 20, 2014 Edited by Alice Kirk Edited without comment.
October 29, 2014 Edited by Alice Kirk Edited without comment.
October 29, 2014 Edited by Alice Kirk Added new cover
October 29, 2014 Created by Alice Kirk Added new book.