Banknotenmonopol one calls the right of the central bank to increase the circulating money supply by the emission from notes to. Together with the right of coining money it forms the foundation-stone for the creation of money monopoly of the central bank.

Banknotenmonopol in the EWWU

In the European economic and monetary union (EWWU) the Banknotenmonopol lies with the European central bank (EZB). Their it is permitted only to increase the money supply in lights or coins within the EWWU. The pressure right to euro lights is in principle with it.

The embossing right for coins is with the individual member states of the EWWU, is subject however to a quantitative restriction by the EZB. Therefore all euro lights are equivalent, the coins however country-specific.

Articles in category "Banknotenmonopol"

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