The main job of central banks, Tietmeyer said, is to fight inflation by maintaining a tight leash on the creation of money.
12.
Deposits created in this way are sometimes called derivative deposits and are part of the process of creation of money by commercial banks.
13.
In early times, the creation of money was the sole privilege of the kings or other sovereigns namely the sovereign people, acting through their Government.
14.
That is, the governmental creation of money would now be profitable where the bankers creation of money can no longer be profitable, for lack of unified control.
15.
It is a form of fiat creation of money, in which the government obtains finance not by creating it " de novo ", but by borrowing it.
16.
That is, the governmental creation of money would now be profitable where the bankers creation of money can no longer be profitable, for lack of unified control.
17.
The only right thing to do would be to let the market take care of the creation of money, with a gold standard, but without fractional reserve banking.
18.
All mortgages and loans granted by any financial institutution since 1925 whereby the lending institution has not fully disclosed the creation of money and the securitisation of lending vehicle.
19.
Central banks encourage or discourage the creation of money by lowering or raising interest rates on the money they lend, which triggers increases in the interest rates of all lending.
20.
Finally, for Wicksell the endogenous creation of money, and how it leads to changes in the commodity market is fundamentally a breakdown of the Neoclassical tradition of a dichotomy between monetary and real sectors.
