Lo que tu dice, Ruud, es ver. Mais per comprar le valores
del bancas in moneta sin debito, le debito del governamento
al banca pro le moneta pro expendituras deficitari obtenite
con le valores es ora sin debito al bancas. Il es como si
le tresoreria habeva create le moneta deficitari de nihil.

Le moneta al instantia de creation es sin debito, mais
quando illo es in le reservas del bancas illo es usate
in oppoio del creation de debitos in prestationes.

----- Original Message -----
> 06:52 1-3-2014, Mulaik, Stanley A:
> >Mais le differentia inter le creation de un debito per
> >prestar moneta a un altero e le creation del credito per
> >un dono o per comprar con moneta create es le question
> >aqui.  Le bancas private face debito con lor prestatos.
> >Le banca central (Federal Reserve Bank) crea credito
> >sin obligationes retornar le moneta quando illo compra
> >le valor del banca. Le valor retornate al banca central
> >comple le transaction.
>
> Not true. By bying a treasury bill from a trader, by paying the
> value into the buyer's bank account, the central bank adds bank
> reserves. Bank reserves are debit on the bank's balance sheet and
> credit on the central bank's balance sheet. The bank can later
> reclaim these. It is not money for nothing (although by
> definition, neither are money, because by definition, money in
> any bank is NOT money. Only money held by the public is money).

A qui debe esser pagate le 'debito' del moneta usate per le Fed?

Si le bancas usa lo in le creation de debito, aquello es un
altere cosa.

>
>
> >   Le banca ha su moneta e le banca central le valor.
>
> No, the central bank has an extra liability. Not as asset.
> (Sorry, I don't the terminology for all this handy in Interlingua
> right now, I feel severely handicapped if I use that language.)
>
> >   Le banca non debe pagar le banca central pro su moneta.
>
> Le essentia de un 'cash reserve' es que le banca non-central pote
> usar lo immediatemente si besonia. Ergo, si, le banca central
> debe pagar, debe ser preste a pagar.
>
> --
> Ruud Harmsen, http://rudhar.com
> Ressources sur interlingua: http://rudhar.com/lingtics/intrlnga.htm
>


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