Base currency - Kisotsuuka

Japanese: 基礎通貨 - きそつうか
Base currency - Kisotsuuka

…If we were to translate it, it would be central bank currency, in line with its content. Also, since it is the basis for banks' credit creation, it would be appropriate for Friedman to call it base money. Looking at the process of currency circulation in general, deposit money is supplied to customers through the creation of credit by banks, and some of it is withdrawn and circulated as cash currency. …

*Some of the terminology that refers to "base currency" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…しいて訳すならば,内容に即して中央銀行通貨である。また,それが銀行の信用創造の基礎となることから,フリードマンがこれを基礎通貨(ベース・マネーbase money)とよぶのは適切であろう。一般に通貨の流通の過程をみると,銀行の信用創造によって預金通貨が顧客に供給され,その一部が引き出されて現金通貨として流通する。…

※「基礎通貨」について言及している用語解説の一部を掲載しています。

出典|株式会社平凡社世界大百科事典 第2版について | 情報

<<:  Basic industry

>>:  Kisochidori - Kisochidori

Recommend

Virus inhibitors - Virus inhibitors

…It is abbreviated as IF or IFN. In 1954, Taiichi...

Danzura

〘Noun〙 A road made one level higher by stacking ku...

Siberian weasel

...A mammal of the Mustelidae family in the carni...

"Illustrated Guide to Practical Teaching"

…However, the principles of Neo-Confucianism were...

Constitutional Party

A political party in the late Meiji period. (1) I...

Sadatsugu Ogiya

…The main events since the founding of the stock ...

Kikuchi pattern

A type of electron diffraction pattern from a sing...

European Parliament - YOROPPAGIGAI (English spelling) European Parliament

One of the main institutions of the EU (European ...

Antistatics - Antistatics

Many synthetic fibers are hydrophobic and are pron...

Soga no Umako

Year of death: May 20, 34th year of the reign of E...

paedagogus

…Through contact with the Hellenistic world, Gree...

Porto Velho (English spelling)

The capital of the Rondônia Territory in western B...

Paramyosin

A structural protein in the muscles of invertebrat...

Diattre - Kadou (English spelling)

A general term for volcanic pipes and vents that p...

Sukashikashipan - Sukashikashipan

A marine animal belonging to the phylum Echinoder...