Is it possible to give an explanation for distinction between “issue currency“create and” money”?

Is it possible to give an explanation for distinction between “issue currency“create and” money”?

Dear Markg (at 2017/04/26 at 8:47 pm)

Please browse the after suite that is introductory of:

And read them into the context associated with the distinction between web monetary asset effects of federal federal government (treasury and main bank) deals using the non-government sector in addition to web effects of deals inside the non-government sector.

Then chances are you will begin to see the distinction. If you should be still write that is puzzled once more.

1. Banking institutions can create ‘money’ however in doing this they create no brand new web monetary assets – a loans create deposits – however these are offsetting assets and liabilities.

2. Government investing (taxation) enhance (decrease) web monetary assets within the sector that is non-government the cent. That’s the unique ability of the money government that is issuing. Continue reading “Is it possible to give an explanation for distinction between “issue currency“create and” money”?”