This shows you the differences between two versions of the page.
| Both sides previous revision Previous revision Next revision | Previous revision | ||
|
cbdc:public:cbdc_omg:8_append:20_glossary:central_bank_money [2022/03/25 15:24] nick ↷ Links adapted because of a move operation |
cbdc:public:cbdc_omg:8_append:20_glossary:central_bank_money [2022/05/18 00:56] (current) nick |
||
|---|---|---|---|
| Line 1: | Line 1: | ||
| ====== Central Bank Money ====== | ====== Central Bank Money ====== | ||
| - | [[cbdc:private:cbdc_omg:8_append:glossary:start| Return to Glossary ]] | + | [[cbdc:public:cbdc_omg:8_append:20_glossary:start| Return to Glossary ]] |
| - | **Central Bank Money** is a liability of the central bank. In the United States, central bank money | + | **Central Bank Money** is a liability of the central bank. In the United States, central bank money |
| comes in the form of physical currency issued by the Federal Reserve and digital balances held | comes in the form of physical currency issued by the Federal Reserve and digital balances held | ||
| by commercial banks at the Federal Reserve. | by commercial banks at the Federal Reserve. | ||