Analysis of Electronic Money Supply
Hongliang Men
Abstract
Hongliang Men
Abstract
The issuance of electronic money supply mechanism is very different from the traditional currency.In the network economy,there are two forms of electronic money supply: the supply mechanism when electronic money as a means of payment only and the supply mechanism when electronic money as a general liabilities of banks.Electronic Money supply is a competitive market in the network economy,with the development of electronic money,which is bound to the traditional monopoly of the money supply by the central bank mechanism challenge.
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The issuance of electronic money supply mechanism is very different from the traditional currency.In the network economy,there are two forms of electronic money supply: the supply mechanism when electronic money as a means of payment only and the supply mechanism when electronic money as a general liabilities of banks.Electronic Money supply is a competitive market in the network economy,with the development of electronic money,which is bound to the traditional monopoly of the money supply by the central bank mechanism challenge.
Key concepts: Electronic money, Money supply, Demand deposit, Business, Mechanism (biology), Currency, Commerce, Monopoly