XPAY KNOWLEDGE
Industry WIKI
Digital assets and currencies
Understand assets, networks and trading mechanics with sources you can check.
Fiat currencies
Monetary transmission mechanism
The monetary transmission mechanism is the process by which monetary policy decisions affect the broader macroeconomy through multiple channels including asset prices, money markets, and general economic conditions. Such decisions are implemented through various tools including interest rates, money supply, and central bank balance sheet operations to influence aggregate demand, inflatio
Fiat currenciesMoney multiplier
In monetary economics, the money multiplier is the ratio of the money supply to the monetary base (i.e. central bank money).