Modern Money Mechanics provides a concise overview of how money is created in the US banking system. It explains that money consists of currency and checkable deposits that function as media of exchange. Banks create money by making loans that increase deposits. While the Federal Reserve and depository institutions can influence money supply, the central bank has primary control over money creation through regulating bank reserves. The value of money comes from public confidence that it can be exchanged for other assets and goods/services, based on its scarcity relative to its usefulness in facilitating transactions.
El nuevo Museo de la Acrópolis de Atenas, diseñado por el arquitecto suizo Bernard Tschumi y construido en 2009, alberga reliquias de hasta 2.500 años encontradas en la Acrópolis. El edificio de cristal, hierro, mármol y concreto se extiende bajo el Partenón y transporta a los visitantes a la antigua Acrópolis a través de su diseño y uso de luz natural.
Modern Money Mechanics provides a concise overview of how money is created in the US banking system. It explains that money consists of currency and checkable deposits that function as media of exchange. Banks create money by making loans that increase deposits. While the Federal Reserve and depository institutions can influence money supply, the central bank has primary control over money creation through regulating bank reserves. The value of money comes from public confidence that it can be exchanged for other assets and goods/services, based on its scarcity relative to its usefulness in facilitating transactions.
El nuevo Museo de la Acrópolis de Atenas, diseñado por el arquitecto suizo Bernard Tschumi y construido en 2009, alberga reliquias de hasta 2.500 años encontradas en la Acrópolis. El edificio de cristal, hierro, mármol y concreto se extiende bajo el Partenón y transporta a los visitantes a la antigua Acrópolis a través de su diseño y uso de luz natural.
