near money

Instead there will be a very high demand for liquid assets (money and near money).

Various sources provide the following examples of near money:

As as been said above - we are nowhere near money creation at a level that will lead to any serious inflation.

Near money (synonym: quasi-money) is a term used in economics to describe highly liquid assets that can easily be converted into cash.

Thus whether near money assets such as call money, bills and short-dated bonds count as liquid may affect the amount of credit created.

His fascination with the horse-and-BMW set, he said, "comes from being near money, but far enough away that I couldn't quite get my fingers around it."

The fact that paper 'values', the quantity of paper money and near money in circulation greatly increases only masks this decline in real production.

In 2011, dredging of the toxic sediment began, near Money Point as part of a larger initiative to help restore the Elizabeth River.

The dollar deposit is money within the context of the US economy while the euro-dollar deposit is near money held by a bank branch in an offshore money market, e.g. London.

This allowed money market funds to develop into "near money" as "investors" wrote checks ("redemption orders") on these accounts much as "depositors" wrote checks on traditional checking accounts provided by commercial banks.

The problem was that the "rule in Swift" was extended by later judges to cover all of common law and not just that of commercial paper, bank notes, bankers acceptances and other forms of "near money".

The reasons are that banks may choose to hold a different liquidity ratio; customers may not take up all the credit on offer; and there may be no simple liquidity ratio given the range of near money assets.

In Simons' ideal economy, nothing would be circulated but "pure assets" and "pure money," rather than "near moneys," "practically moneys," and other precarious forms of short-term instruments that were responsible for much of the existing volatility.