MONETARY BASE CONTROL
\mˈʌnɪtəɹi bˈe͡ɪs kəntɹˈə͡ʊl], \mˈʌnɪtəɹi bˈeɪs kəntɹˈəʊl], \m_ˈʌ_n_ɪ_t_ə_ɹ_i b_ˈeɪ_s k_ə_n_t_ɹ_ˈəʊ_l]\
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Who owns liquid currency, be it in reserves, in vaults, or in circulation. Federal Reserve Bank prints more money, financial institutions expand their own operations beyond their assets base. This loosens control of the base as it causes inflation.
By Henry Campbell Black
Word of the day
Proto Oncogene Proteins c erbB 2
- cell surface protein-tyrosine kinase that is found to be overexpressed in significant number adenocarcinomas. It has extensive homology can heterodimerize EGF EPIDERMAL GROWTH FACTOR), 3 receptor (RECEPTOR, 3) and the 4 receptor. Activation of erbB-2 receptor occurs during heterodimer formation with a ligand-bound erbB family members. EC 2.7.11.-.