Charge for loans and pay for deposits (liability).
Factoring service (buy/sell debts)
Leasing (Rent of assets)
The central bank
Controls the currency circulation.
Serves the government
Keeps the gold
Regulate the money supply
Government role in economy.
help people deal with scarcity, re distribute resources.
Public goods and services.
Public spending: education, health, etc.
social spending: money spent on people
Expansionary (increase money supply)
Restrictive (decrease money supply)
Circulation of money
Granting of credit
Making of investments
Provision of banking facilities
Finances is the hability to spend money, to have money.