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Topic: Business
Number of pages / Number of words: 11 / 2810
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Il controllo della componente interna della base monetaria (in pratica quella non derivante da un surplus della bilancia dei pagamenti) avviene tramite le operazioni di mercato aperto e le variazioni della riserva obbligatoria.

Le operazioni di mercato aperto consistono nell'acquisto (o nella vendita) di titoli di Stato: se la banca centrale vuole immettere liquidita nel sistema essa acquistera titoli...


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Se invece l'obiettivo e quello di drenare liquidita (ovvero diminuire la base monetaria) la Banca vendera titoli.

Tramite le variazioni del coefficiente di riserva obbligatoria la banca centrale ha un controllo pressoche completo dell'offerta di moneta anche in un sistema in cui gran parte della moneta e costituita da moneta bancaria...


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