[货币和银行] [讨论]信用卡是金錢嗎? [推广有奖]

Even if credit card were not a form of money, it could creat money.

you are talking about high power money.

can all money be high power money?

when we are talking about the money supply, which is m1, m2 or m3, only part of them are high power money.

hence, i think the criterion you used in defining "what is money" is not sufficient.,

If someone talks about money creation, are you sure that he/she is talking about high power money?

Credit card could be regarded as a special form or part of the commercial banking system, which could creat money based on high power money.

Credit card is not part of the money. It is a method to defer payment; eventually cardholders need to pay the "balances", which are the part of the money.

You have to remember how the money is defined first. Money measures such as M1, M2, M3, L are all based on the definitions.

what is asset? what is liability?

An asset is something that can be used to generate income, and has its own value.

A liability is a loan must be paid with its interest (if any).

It is debatable whether it will be regarded as a form of money, Currently, economically, it is not a form of money, because credit card can not be used so wide as money itself.

[此贴子已经被作者于2008-2-12 8:17:35编辑过]

Keep silent with this sentence above, would you mind attaching that pages for me, please?

[此贴子已经被作者于2008-2-12 6:55:38编辑过]