Base Money

Some articles on money, base money, base:

Pushing On A String - Monetary Policy
... limitations of monetary policy, particularly that the money multiplier is an inequality, a limit on money creation, not an equality ... In modern economies with fractional-reserve banking, money creation follows a two stage process ... First, a central bank introduces new base money into the economy (termed 'expansionary monetary policy') by purchasing financial assets from or lending money to ...
Monetary Base
... In economics, the monetary base (also base money, money base, high-powered money, reserve money, or, in the UK, narrow money) is a term relating to (but not being equivalent to) the money supply (or money stock ... The monetary base is highly liquid money that consists of coins, paper money (both as bank vault cash and as currency circulating in the public), and commercial banks' reserves ... Measures of money are typically classified as levels of M, where the monetary base is smallest and lowest M-level M0 ...
Central Bank Of The Islamic Republic Of Iran - Central Bank Balance Sheet
... items net, excluding central bank participation papers (CPPs) -134,701 -246,737 Base money 556,925 556,925 Currency 206,352 200,745 -Currency in circulation 157,764 153,478 -Cash in ...
Ordinary Seigniorage - Solvency Constraints of Central Banks
... Its monetary liabilities are liabilities only in name, as they are irredeemable the holder of base money cannot insist at any time on the redemption of a given amount of base money into anything else other than ...

Famous quotes containing the words money and/or base:

    Given the choice, children who don’t want for anything will not save....We have an obligation as parents to give our children what they need. What they want we can give them as a special gift, or they can save their money for it.
    Barbara Coloroso (20th century)

    The worst of my actions or conditions seem not so ugly unto me as I find it both ugly and base not to dare to avouch for them.
    Michel de Montaigne (1533–1592)