Monetary authority is a generic term in finance and economics for the entity which controls the money supply of a given currency, and has the right to set interest rates, and other parameters which control the cost and availability of money. Generally a monetary authority is a central bank, though often the executive branch of a government has de facto control over monetary policy by controlling the central bank. There are other arrangements, for example a central bank for several nations, a currency board which restricts currency issuance to the amount of another currency or free banking where a broad range of entities can issue notes or coin. Jump to: navigation, search Finance studies and addresses the ways in which individuals, businesses and organizations raise, allocate and use monetary resources over time, taking into account the risks entailed in their projects. ... U.S. Economic Calendar Economics at the Open Directory Project Economics textbooks on Wikibooks The Economists Economics A-Z Institutions and organizations Bureau of Labor Statistics - from the American Labor Department Center for Economic and Policy Research (USA) National Bureau of Economic Research (USA) - Economics material from the organization... Jump to: navigation, search Money supply (monetary aggregates, money stock), a macroeconomic concept, is the quantity of money available within the economy to purchase goods, services, and securities. ... An interest rate is the rental price of money. ... Under the doctrine of the separation of powers, the executive is the branch of a government charged with implementing, or executing, the law. ... A currency board is a system by which a currency is convertible at a fixed exchange rate with another currency. ... Free banking is a theory of banking which involves only market forces, with a conspicuous absence of central banks and any banking regulations, with only the general commercial laws applicable. ...

(See Seinurage, Gold Standard, fiat money, inflation, deflation, monetarism, hyper-inflation) 1922 U.S. gold certificate The gold standard is a monetary system in which the standard economic unit of account is a fixed weight of gold and currency issuers guarantee, under specified rules, to redeem notes in that amount of gold. ... Fiat money or fiat currency, is money such as paper money, that is current or legal tender as satisfaction for money debts by government fiat, that is by artificial law. ... Deflation (economics) Deflation (data compression) Deflation is the removal of loose soil by eolian (wind) processes This is a disambiguation page — a navigational aid which lists other pages that might otherwise share the same title. ... Monetarism is a set of views concerning the determination of national income and monetary economics. ... A 500,000,000,000 (500 billion) Serbian dinar banknote circa 1993, the largest nominal value ever officially printed in Serbia, the final result of hyperinflation. ...