Bank's function
![]() | 「Next, I'll explain part as "Bank's Bank"・ "Bank of goverment". Do you do when you are given New Year's gift of money?」 |
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![]() | 「I buy a wonted game!」 |
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![]() | 「Oh, I see.」 |
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![]() | 「I'll be saving!」 |
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![]() | 「I look forward to such a answer! Bank of commercial deposits money in Bank of Japan like we usually use Banks」 |
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![]() | 「Really? Does Bank of commercial deposit!? But,where?」 |
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![]() | 「It is Bank of Japan! It deposits and rent from Bank of commercial and financial institutions.」 |
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![]() | 「Wow! The connection is like when we deposit!」 |
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![]() | 「So, we call "Bank's Bank"!」 |
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![]() | 「Yes.」 |
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![]() | 「The last, is "Bank of goverment"? So does government rent to Bank of Japan?」 |
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![]() | 「But,it prohibition renting money.」 |
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![]() | 「What is doing?」 |
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![]() | 「It is doing office about national money.」 |
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![]() | 「For example?」 |
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![]() | 「It is managing account of government, getting and paying tax and pension and doing office about goverment.」 |
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![]() | 「What is goverment?」 |
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![]() | 「Goverment is bond which is issued it to need economy.」 |
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![]() | 「... What is bond?」 |
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![]() | 「Goverment issues to rent needing capital,like a debt acknowledgment. Goverment need capital so issuing this so it gets capital.Like a stock certificate.」 |
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![]() | 「I see!」 |
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![]() | 「As one expected "Bank's Bank"is difference from others.」 |
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![]() | 「Yes.」 |
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![]() | 「Bank of Japan is special.」 |
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