First NatiAssetsonal BankLiabilitie

First Nati
Assets
onal Bank
Liabilities

Securities -$100 Reserves +$100



Because the bank has no increase in its checkable deposits, required reserves remain the same, and the bank finds that its additional $100 of reserves means that its excess reserves have increased by $100. Let’s say that the bank decides to make a loan equal in amount to the $100 increase in excess reserves. When the bank makes the loan, it sets up a checking account for the borrower and puts the proceeds of the loan into this account. In this way, the bank alters its balance sheet by increasing its liabili with $100 of checkable deposits and at the same time increasing its assets with the $100 loan. The resulting T-account looks like this:
First Nati
Assets
onal Bank
Liabilities

Securities -$100 Reserves +$100 Loans +$100
Checkable deposits +$100


The bank has created checkable deposits by its act of lending. Because checkable deposits are part of the money supply, the bank’s act of lending has, in fact, created money.
In its current balance sheet position, the First National Bank still has excess reserves and so might want to make additional loans. However, these reserves will not stay at the bank for very long. The borrower took out a loan not to leave $100 idle at the First National Bank but to purchase goods and services from other individuals and corporaWhen the borrower makes these purchases by writing checks, they will be deposited at other banks, and the $100 of reserves will leave the First National Bank. A bank cannot safely make loans for an amount greater than the excess reserves it has before it makes the loan.
The final T-account of the First National Bank is
First Nati
Assets
onal Bank
Liabilities

Securities -$100 Loans +$100



The increase in reserves of $100 has been converted into additional loans of $100 at the First National Bank, plus an additional $100 of deposits that have made their way to other banks. (All the checks written on accounts at the First National Bank are deposited in banks rather than converted into cash, because we are assuming that the public does not want to hold any additional currency.) Now let’s see what happens to these deposits at the other banks.

Kết quả (Việt) 1:

Đầu tiên NatiTài sảnonal ngân hàngTrách nhiệm pháp lýChứng khoán-dự trữ $100 + $100Bởi vì các ngân hàng đã không tăng trong các trầm tích thể, yêu cầu dự trữ vẫn như cũ, và ngân hàng thấy rằng của nó thêm $100 của có nghĩa là dự trữ dư thừa của nó đã tăng dự trữ. $ 100. Giả sử rằng các ngân hàng quyết định thực hiện một khoản cho vay bằng số tiền để tăng $100 trong dự trữ dư thừa. Khi các ngân hàng làm cho các khoản cho vay, nó thiết lập một trương mục chi phiếu cho vay và đặt các khoản tiền vay vào trương mục này. Bằng cách này, ngân hàng làm thay đổi bảng cân đối của nó bằng cách tăng của nó liabili với $100 tiền gửi thể và đồng thời tăng tài sản của nó với các khoản vay $100. T kết quả tài khoản trông như thế này:Đầu tiên NatiTài sảnonal ngân hàngTrách nhiệm pháp lýChứng khoán-dự trữ $100 cho vay $100 + $100Thể tiền gửi + $100Các ngân hàng đã tạo ra thể tiền gửi bởi hành động của mình cho vay. Vì thể tiền gửi là một phần của việc cung cấp tiền, hành động của ngân hàng cho vay đã, trong thực tế, tạo ra tiền.In its current balance sheet position, the First National Bank still has excess reserves and so might want to make additional loans. However, these reserves will not stay at the bank for very long. The borrower took out a loan not to leave $100 idle at the First National Bank but to purchase goods and services from other individuals and corporaWhen the borrower makes these purchases by writing checks, they will be deposited at other banks, and the $100 of reserves will leave the First National Bank. A bank cannot safely make loans for an amount greater than the excess reserves it has before it makes the loan.The final T-account of the First National Bank isFirst NatiAssetsonal BankLiabilitiesSecurities -$100 Loans +$100The increase in reserves of $100 has been converted into additional loans of $100 at the First National Bank, plus an additional $100 of deposits that have made their way to other banks. (All the checks written on accounts at the First National Bank are deposited in banks rather than converted into cash, because we are assuming that the public does not want to hold any additional currency.) Now let’s see what happens to these deposits at the other banks.