How central banks create money by buying assets

A central bank can create money by buying assets

When a central bank buys government bonds, it can pay with newly created money. The seller gives up the bonds, while the banking system gains new reserves and the total amount of basic central-bank money grows. Selling bonds can reverse the process.

Ti piace? C’è un intero feed di cose così. Sostituisci lo scroll vuoto con cose che vale la pena conoscere.
Scarica Hence gratis