effet de carrousel
- Domaine
-
- finance
Terme :
- effet de carrousel n. m.
Terme associé :
- effet de retour à la source n. m.
Traductions
-
anglais
Auteur : Banque mondiale / World Bank,Définition
The circulation of money through various sources, ending up where it started. For instance the German Central Bank recycles excess capital by selling U.S. dollars to banks under a repurchase agreement and the banks place the U.S. dollars in the Euromarket.
Note :
As the financial institutions could run up a U.S. dollar debt on the Euromarket, the Central Bank must buy back the U.S. dollars and sell domestic currency to avoid an excessive increase in the mark.
Terme :
- merry-go-round effect