4  I am defining money “narrowly,” to include only the means of payment, not broadly to include other highly liquid deposits. BIS Review 100/2001  3  exchange. Debit cards allow the consumer to make a purchase from a checking account through an electronic instruction to debit the account instead of by writing a check, another advance in efficiency.
BIS Review 164/2009  1  At the same time, it is important to bear in mind the implications which the highly unorthodox measures taken to support and stimulate the economy inevitably entail. They inherently carry considerable risks over the medium and long term. A prime example of such risks is ballooning government debt in many industrial countries.