1.信用的含义 信用只借贷行为,它是以偿还和付息为条件的价值单方面让渡,是价值运动的特殊形式

6. 1 The Nature of Financial Intermediation 6. 2 Depository Financial Institutions The deposit liabilities of these institutions form the cornerstones of the money supply. Generally speaking, commercial banks are the largest depository institutions

1.传统的货币理论 (1)早期货币数量论 冷所有金属货币都必然处于流通之中

3.1 flow of funds 3.1.1 the flow of funds from saverlender- borrower-spenders-

4.1资金的融通方式 1.直接融资 (1)优点: 便于资金所有者多元化投资的需要;所筹资金规模大,期限长,稳定性高,便于长期使用

交易媒介( medium of exchange) 货币的基本职能,提高商品和劳务的交换效率

8.1 通货膨胀 8.2 通货紧缩

2. Money plays a key role in the performance of the economy. The amount of money in the economy should not be too little or too much, but just“right?

5. 1 The Government Bond Market 5.1.1 when the government runs a deficit, it has to get the funds. There are three ways for the government to get funds

Monetary Theory is the theory which is about the economic influences of money