What does horizontalism mean?
Definitions for horizontalism
hor·i·zon·tal·ism
This dictionary definitions page includes all the possible meanings, example usage and translations of the word horizontalism.
Wiktionary
horizontalismnoun
A political or social theory or system that advocates the equitable distribution of power in a society.
Wikipedia
Horizontalism
Horizontalism is an approach to money creation theory pioneered by Basil Moore which states that private bank reserves are not managed by central banks. Instead reserves will be provided on demand at the bank rate set by the central bank. This inverts the mainstream textbook money multiplier relationship between deposits and loans since loans are said to cause deposits which in turn cause reserves. Horizontalism influenced monetary circuit theorists to develop the endogenous money approach that was already nascent within post-Keynesian academic thought. It states that an increasing demand for loans by bank customers leads to banks making more loans and creating more deposits, without regard to the size of the bank's available reserves. Thus credit money created by private banks can be seen to be leveraging of those reserves without the guidance of a particular leverage ratio, i.e. horizontal leveraging.
Wikidata
Horizontalism
Horizontalism is an approach to money creation theory pioneered by Basil Moore which states that private bank reserves are not managed by central banks. Instead reserves will be provided on demand at the bank rate set by the central bank. This inverts the mainstream textbook money multiplier relationship between deposits and loans since loans are said to cause deposits which in turn cause reserves. Horizontalism influenced monetary circuit theorists to develop the endogenous money approach that was already nascent within Post-Keynesian academic thought. It states that an increasing demand for loans by bank customers leads to banks making more loans and creating more deposits, without regard to the size of the bank's available reserves. Thus credit money created by private banks can be seen to be leveraging of those reserves without the guidance of a particular leverage ratio, i.e. horizontal leveraging.
Numerology
Chaldean Numerology
The numerical value of horizontalism in Chaldean Numerology is: 5
Pythagorean Numerology
The numerical value of horizontalism in Pythagorean Numerology is: 8
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"horizontalism." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/horizontalism>.
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