 |
|
 | |
 | |
 | |
 | |
 | |
 | |
|
 | ||||||||
|
 |
 |
|
 Globe V4 Icon |
|
Add Globe V4 icon to cartImage sizes: 256x256, 48x48, 32x32, 24x24, 20x20, 16x16
File formats: BMP, GIF, PNG, ICO
Purchase entire Online Icon Set now! View Online Icon Set now!
Download demo icons
Tags: gloves icon, small globe icon on, icon kitty womens leather motorcycle, messenger icons, axialis icon workshop
Considering a speculative motive, it is very important to conduct distinction, however,Between changes of norm of percent which are caused by changes in the offer Money for satisfaction of a speculative motive (without any changes in Liquidity functions), and changes which first of all are connected with Changes in the assumptions mentioning function of liquidity. Open market operations can influence norm of percent on both channels, As they can not only change quantity of money, but also serve
Occasion to change of the assumptions, concerning the future policy of the central
Bank or the government. Changes in the function the liquidities caused Occurrence of news which induce to revision of assumptions, frequently Have spasmodic character and consequently give impulses to so
To spasmodic changes of norm of percent. Probability of growth of activity on
Bond market there is only in that measure, in what an occurrence of news It is differently interpreted by various people or differently will mention Individual interests. If news render absolutely identical
Influence on judgements and inquiries of each, norm of percent (as it is reflected
In a bond price and promissory notes) will adapt to a new situation without The slightest necessity of market purchase and sale transactions.
Thus, in the elementary case when all people equally think and There are in identical position, changes of circumstances or assumptions Not in a condition to cause any modulation of money - simply norm of percent It will be changed so, how much it is necessary for neutralising Arising at former norm of percent aspiration of each separate persons To change size of a saved cash in reply to new circumstances or Assumptions. And as all is changed equally by the submissions about norm Percent which would induce them to revise the size it a cash, Will not follow any bargains on purchase and sale.
Each concrete set of circumstances and assumptions
There corresponds the certain norm of percent and before anybody will not arise
Copyright © 2006-2022 Aha-Soft. All rights reserved.
|
More info
