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