Jump to main content

Datagov Opendata Platform

Also known as base money or monetary base, it includes the reserves of other monetary institutions and the currency held by the public, both of which are liabilities of the central bank and form the basis for the creation of the money supply. Changes in the base money will directly affect the availability of funds for other monetary institutions, and through their credit creation process, will have a multiplier effect on the money supply and society's liquidity after a period of time.

  • Views: 4273
  • Download times: 319
  • Comments: 0