Central bank money: Difference between revisions
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imported>Doug Williamson (Amended link) |
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== See also == | == See also == | ||
* [[M0]] | * [[M0]] | ||
* [[M1]] | |||
* [[Money supply]] | * [[Money supply]] | ||
* [[Narrow money]] | * [[Narrow money]] | ||
* [[Reserves]] | * [[Reserves]] | ||
Revision as of 11:59, 18 August 2016
Central bank money comprises the two forms of money over which the central bank has exclusive rights and the greatest degree of control:
- Physical bank notes and coins.
- Reserves in financial institutions' current accounts with the central bank.
It is also referred to as narrow money, the monetary base or M0, as it is the smallest established measure of the money supply.
