互联网金融视角下的电子货币与货币政策外文文献翻译2014年译文3500字
Electronic currency has emerged as a new form of currency with the rise of electronic commerce。It is ing increasingly popular as a means of payment and currency around the world。However。the development of electronic currency and its use has XXX and problems。XXX.
3 The development of electronic currency
The development of electronic currency can be traced back to the 1970s。with the XXX (EFTS)。XXX。it wasn't until the rise of the。and electronic commerce in the 1990s that electronic currency truly began to take off。The n of digital currencies。such as Bitcoin。has also contributed to the growth of electronic currency.
electronic是什么意思啊4 The use of electronic currency
Electronic currency is being used in a variety of ways。from online shopping to peer-to-XXX over nal currency。including lower n XXX。there are also risks associated with electronic cur
rency。such as security concerns and the potential for fraud.
5 The impact on currency policy
XXX currency policy。particularly in regards to central bank control over the money supply。Electronic currency is not subject to the same XXX。which could make it more difficult for XXX。the use of electronic currency could lead to a decrease in demand for nal currency。which could impact the value of the currency and the XXX.
6 n
The development of electronic currency XXX to the way we think about and use currency。While it offers a number of benefits。it also XXX。it will be XXX.
XXX of money in the financial system。Tobin (1965)。Patinkin (1996)。Carter。Partington。Friedman。and Schwartz all agree that money is the most liquid asset in the financial system and that there is a XXX een financial assets and currency。On the other hand。the new school of thought。XXX。Myron Seholes。XXX Forrester。Hayne Leland。
and Hyman Minsky。argues that XXX。According to this theory。money has XXX.
Initially。the XXX understand。but with the advent of electronic currency and product ns。people have begun to re-examine this view。The XXX.
In this article。the author discusses the future of the central bank and its role in private sector development。The author argues that while the central bank may have a role in shaping ary policy。it should not XXX (2000) conducted an empirical study on money demand in 16 countries and found that it is not only influenced by GDP and opportunity cost。but also by tax rates。He suggests that while electronic money may replace the ary base。it is not a XXX.
The second part of the article provides a summary of electronic money。However。there are formatting errors and XXX。XXX.
Electronic money is a term that XXX sources。XXX。these XXX Banking n in 1998.According to the Basel Committee。XXX or public orks (e.g。the ) to XXX。