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Translations for „monetary authority“ in the English » German Dictionary (Go to German » English)

monetary authority N STATE

Specialized Vocabulary

Monolingual examples (not verified by PONS Editors)

English
In terms of financial management, the monetary authority is in the process of assuming the task of both formulating and implementing monetary policy.
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For example: if the fiscal authority raises taxes or cuts spending, then the monetary authority reacts to it by lowering the policy rates and vice versa.
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In both classical economics and monetarism, it is always the result of the monetary authority irresponsibly borrowing money to pay all its expenses.
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In most countries, the central bank (or other monetary authority) regulates bank credit creation, imposing reserve requirements and capital adequacy ratios.
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When adopting a foreign currency as legal tender, a monetary authority needs to withdraw the domestic currency and give up future seigniorage revenue.
en.wikipedia.org
Please state a formal, precise, economic model in which a monetary authority can extract an infinite amount of real resources through seigniorage.
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