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  Lambert M. Surhone / Miriam T. Timpledon / Susan F. Marseken Open Market Open Market ISBN 9786131028748 Derzeit leider nicht verfügbar. 34,00 € Als Taschenbuch gegenüber Hardcover

  Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. In economics, the open market is the term used to refer to the environment in which bonds are bought and sold between a central bank & its regulated banks. It is not a free market process. To intervene in the "business cycle", a central bank may choose to go into the open market and buy or sell government bonds, which is known as open market operations to increase reserves. Open Market Operations are when the central bank buys bonds from other banks in exchange for cheques. These local banks then cash the cheques, which allow them to take money from the central bank. This action thus decreases any credit the local banks may owe to the central bank, and also increases their money supply. This thus increases reserves.

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