Comparative analysis of the influence of electronic currency on M1 and M2 multiplier
Tang Ping
Abstract
Tang Ping
Abstract
Rapid development of electronic currency influences the currency multiplier and greatly influences currency supply and currency policy.Facing the change of currency media,central bank must change traditional policy methods in order to meet the reform of electronic currency on current financial system.
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Rapid development of electronic currency influences the currency multiplier and greatly influences currency supply and currency policy.Facing the change of currency media,central bank must change traditional policy methods in order to meet the reform of electronic currency on current financial system.
Key concepts: Currency, Reserve currency, Foreign exchange risk, Economics, Business, Monetary base, Order (exchange), Financial system