Suchergebnisse

One element in the government's monetary policy to stabilize the economy through the financial sector is the money supply. The main objective of this study was to analyze the determinants of the money supply in Indonesia in 2006.1-2011.4 period. The variables used are: Bank Indonesia Certificate rate (SBI), exchange rate, and gross domestic product (GDP). The data used in this study is time series data in the quarterly period from 2006.1 to 2011.4, using multiple linear regression. The results of this analysis states that only the variable exchange rate is not significant. While Bank Indonesia Certificate rate (SBI) and gross domestic product (GDP)are significant effect on the money supply (M2).

In the future economic system, as suggested by TOP Tax system, that total money supply (real money and debt money/loan money) to be necessary for circulation in banks should be at the minimum level of 100% and at maximum level 110% of the value of GDP of the country. Out of this total money supply in the economic system, 99.7% of the money will be in dematerialised (non physical) form in the accounts of citizens, Governments and companies. Only small portion of money, equalling just 0.3% of the total money in the economic system, will be in physical form i.e. currency notes or coins. All high valued paper currency notes will be demonetised. This record was migrated from the OpenDepot repository service in June, 2017 before shutting down.