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Assumes that current deposit rate for the rd, deposit rate of preparation for rt, deposit for T, is: A = rt rd T D * * E (2) assumes that flow of cash and demand deposits D C T with current deposit, time deposit, excess reserves and current account E D D, respectively, to maintain A relatively stable proportion relatio, its coefficient respectively with k, T, E said, then: C = D (3) T = D * * k T E = D * (4) (5) the monetary base B E by commercial bank reserves and distribution of cash of two parts, namely: B = C (6) if (2), (3) into (6), the monetary base formula is: B = rt rd T D * * E D * k (7) to (4), (5) into (7), too: B = D * rd D * rt.
T D * * k E D = D * (rd rt * T E k) (8) or D = B\/(rd rt * T E k) (9) 1 \/ (rd rt * T E k) is A current deposit expaion ratio.
If only from the current digital currency markets exist in terms of money, without any kind of encryption digital currency to replace the current currency.
It is called a contract, can save a lot of things.
This is many Arab countries use a currency.
1 points, 2 points now, how about the price of 5 cent coin collection?I am Chen small C after 80 collecto, etc.
Let me awer your question.
Of coue, if is self-built platform more carefully, this kind of platform is unreliable.
Social sciences: Liang Xiaosheng Ok, if you see the above my words so this problem is solved.
Digital currency in recent decades could not completely replace the traditional currency (banknotes and COI).
Central China stamps coin exchange;And, still have to iist on together.
Commercial Banks and then digital currency exchanges with the public s cash.
It is commonly used because of its relative to other monetary policy tools (adjusting the legal deposit reserve ratio, rediscount rate, financial leverage) in terms of high flexibility, easy to operate, and side effects of small;From the pepective of the regulation of virtual currency, do you think of the future of the chain block?Although the cause of foreign exchange reserve growth is more, but for China, the main reason for the increasing of foreign exchange reserves are mandatory exchange settlement system, the trade surplus, due to reaso such as form of international capital inflows.


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