Retrieving "Monetary Base" from the archives

Cross-reference notes under review

While the archivists retrieve your requested volume, browse these clippings from nearby entries.

1. Money Supply

   Linked via "monetary base"

   The central bank exerts control primarily through three mechanisms:
   Open Market Operations (OMO): The buying and selling of government securities directly influences the monetary base ($B$). Buying securities injects reserves into the banking system, expanding the potential money supply.
   The Discount Rate can borrow directly from the [central bank](/entries/cent…

2. Money Supply

   Linked via "monetary base"

   Reserve Requirements ($\mu$).
   The relationship between the monetary base ($B$) and the money supply ($M$) is mediated by the money multiplier ($\mu$):
   $$M = \mu \times B$$