Reverse the process, and you have the central bank selling securities, lowering member bank balances, and tightening credit.
如果是相反的情况,中央银行可以卖出证券,减少会员银行的存款,收紧信贷。
The result is an increase in the member bank deposits with the central bank, which allows the former to extend some ten times as much credit.
结果是,会员银行在中央银行的存款数额增加,使会员银行可以将信贷扩大十倍之多。
The result is an increase in the member bank deposits with the central bank, which allows the former to extend some ten times as much credit.
结果是,会员银行在中央银行的存款数额增加,使会员银行可以将信贷扩大十倍之多。
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