new york steel jewelry wholesale What does high energy currency include?

paraiba tourmaline jewelry wholesale for jewelry stores High-Powered Money, also known as "Monetary Base", "Monetary Base", "Currency Basic", "Powerful Currency", "At the beginning of the Currency". Commercial banks' deposit and loan business can expand or tighten currency supply. Basic currencies in Western countries include the sum of deposit reserves (including legal reserve and excess reserves) of commercial bank deposits into the central bank and the sum of cash held by the public.
The expansion information:
basic currency, also known as currency base, strong currency, and initial currency, because it has the ability to increase the total amount of currency supply or shrink The cash and commercial banking system held by the public outside the banking system and the total deposit reserve (including legal deposit reserves and excess reserves) held by the public. It is a debt certificate issued by the Central Bank, manifested as a commercial bank's deposit reserve (R) and the public that holds (C) held by the public. In the report of the International Monetary Fund, the basic currency is called Reserve Money, including the central bank's currency issuance (M) and the bank's bank debt (deposit reserve, R). Basic currency is the basis for the entire commercial banking system to create deposit currencies. It is the source of the deposit of the entire commercial banking system to expand. Due to the imperfect currency theory and the errors of the essence of currency, people did not distinguish between currency and deposit currency, and the latter was produced by the former in the market. The difference between the two was like the difference between "people" and "people". Basic currency actually contains the concepts of these two different forms, which is an outdated and wrong concept.
In the definition of the International Monetary Fund's "Monetary and Financial Statistics Manual" (2002 edition), the basic currency includes various liabilities provided by the central bank for a broad currency and credit expansion. Cash) and currency (cash in circulation) outside the bank, as well as deposits of banks and non -banks in currency authorities. In a report from the International Monetary Fund, the basic currency is called Reserve Money. This concept is incorrectly added to two different forms of currency together (the number of static currencies and repeated statistics after circulation). Related studies such as non -neutrality have caused great trouble. On the basis of this wrong concept, scholars mistakenly believe that "the product of the basic currency and currency multiplication, that is, the theoretical currency supply", in fact, the general currency amount M2 is equal to the amount of currency issuance M and the "deposit redeem rate" product.

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