G.F. 316
SECRET 高度機密
13
currency denomination of customers' deposits falling
within the definition of the money supply, in other words,
a reflection of the original inflow or outflow, rather
than entirely of interest rate induced credit creation
or contraction. If this is so, then the expected impact
of a change in the money supply on domestic and import
demand may not be realised to the full extent.
SECRET 高度機密