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cbdc:public:cbdc_omg:8_append:20_glossary:central_bank_money [2022/05/16 18:21] 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 |
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| [[cbdc:public:cbdc_omg:8_append:20_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. | ||