The Influence of the Electronic Currency on the Conventional Monetary Theory

DOI

10.2991/ssemse-15.2015.110How to use a DOI?

Keywords

electronic currency; Money Multiplier; Velocity of circulation; Monetary theory; Monetary policy

Abstract

With the increasingly development of technology, new things related to the Internet are emerging. Internet finance is such a new type that comes from the close combination of traditional finance and modern information network technology. Currency is the core element in the financial market and business activities. Likewise, currency electronization is the key to internet finance. With its convenience, high speed and efficiency, electronic currency has become a part of our daily life. Meanwhile, it affects the money supply and demand. The traditional monetary theory is facing challenges. This article focuses on the evolution of electronic currency and its influence on the traditional monetary theory.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Ruiqiong Gao
AU  - Junwen Feng
PY  - 2015/11
DA  - 2015/11
TI  - The Influence of the Electronic Currency on the Conventional Monetary Theory
BT  - Proceedings of the 2015 International Conference on Social Science, Education Management and Sports Education
PB  - Atlantis Press
SP  - 435
EP  - 438
SN  - 2352-5398
UR  - https://doi.org/10.2991/ssemse-15.2015.110
DO  - 10.2991/ssemse-15.2015.110
ID  - Gao2015/11
ER  -