経済学短歌 Economic Tanka
信用創造 Credit creation
信用の 創造こそは ベースマネーに 信用乗数 かけて増大
Credit creation is the process of multiplication of base money in the magnitude of the reciprocal of the reserve ratio, simply put.
信用の 乗数なるは 金融の リザーブレシオ(預金準備率)の 逆数なりと
Credit multiplier is the reciprocal of the reserve ratio of the financial system, simply put.
Money Supply = Base Money x 1 / reserve ratio*
* 1 / reserve ratio = credit multiplier
Kota Nakako
