| 释义 |
monetary base control monetary base control the control of the MONETARY BASE of the banking system as a means of regulating a nation's MONEY SUPPLY. If the COMMERCIAL BANKS adhere to a well-defined CASH RESERVE RATIO, then the monetary authorities, by controlling this narrow monetary base, can regulate monetary growth. See BANK-DEPOSIT CREATION, RESERVE-ASSET RATIO, MONEY SUPPLY DEFINITIONS, MONETARY POLICY. |