Scientific Study from the year 2012 in the subject Economics - Macro-economics, general, University of Novi Sad, course: Economics, language: English, abstract: At the beginning of this article we have to say that the readers, in order to obtain more comprehensive information about what is actually happening in the World of money and finance, can expect not only broader, but also a more complex elaboration about its creation, the one that is presented in the article "The initial explanation of money creation - opens the door to uncovering its mystery and virtuality." Generally it is not excluded that there will be those who will stand on the notion that it is inappropriate and that the emission of money is no longer a highly topical issue, pointing to the arguments that, in a sense, "are true, but not the whole truth ". For example, stating that the issue of money creation and the monetary system as a whole is not as current as it used to be, and according to many the same goes for monetary policy, the following theses and reasons are mentioned: (1) "The bogeyman" of (hyper)inflation has been globally overcome and the situation today is quite different from that in the larger part of the second half of the twentieth century. In other words, many will insist that, already at the end of the twentieth century, especially in the current period, financial instability (anyhow we define it) and the financial domain in general (that is, how the money is used), have become a more acute problem than the monetary, price instability, then inflation; (2) from this fact, can be drawn consequential thesis, which reduce actuality and importance of money emission; (3) or, in other words, a conclusion is drawn that the focus is not any more on the activities related to the existence, disruption of equilibrium and restoration of macro-monetary balance of supply of (Ms) and demand money (Md) - which means the mechanisms and policies of issuing money - but this place being taken over by
About the Author: Curriculum Vitae - kratka biografija Prof. dr Stanka Radmilovica, ex-premiera Srbije PERSONALNI PODACI: Ime i prezime: Stanko (Milana) Radmilovic Adresa: Novi Sad - 21108 Sremska Kamenica, Slobodana Bajica 49 E-mail: stan.radmil.@gmail.com Datum rođenja: 21. jul 1936. OBRAZOVANJE: Ekonomski fakultet: u Osijeku - industrijski smer Postiploski studije: Ekonomski fakultet u Beogradu, monetarna ekonomija Doktorat: na ekonomskom fakultetu u Beogradu, iz oblasti finansiranja investicija PROFESIONALNA/RADNA AKTIVNOST 1960 - 1963 u LJevaonici zeljeza, Slav Pozega, na poslovima planiranja, 1963 - 1967 u DIP "Lipa", Slav. Pozega, finansijski direktor i pomocnik generalnog direktora, 1967 - 1971 u Beočinu, finansijski direktor BFC, 1971 - 1973 u Vojvođanskoj banci, sef kraktoročnog kreditaranja, 1973 - 1976 u Beočinskoj fabrici, direktor Fabrike cementa u izgradnji i istovremeno zamenik generalnog direktora BFC, 1976 - 1986 u Vojvođanskoj banci - Udruzenoj banci, pomocnik generalnog direktora, član poslovodnog odbora i i direktor Ekonomskog centra za planiranje, razvoj i naučno-istrazivački rad, 1986 - 1988 delegat u Skupstini SFR, član delegacije APU u vecu republika i pokrajina, Od februara do decembra 1988, član predsednistva SKJ, Decembar 1989 - januar 1991 predsednik Izvrsnog veca Februar - juli 1991. samostalni naučni savetnik u Vojvođanskoj banci - udruzenoj banci Juli 1991 - decembar 1991 v.d. generalnog direktora Naftne industrije Srbije 1992 - 1994 samostalni naučni savetnik u Vojvođanskoj banci - udruzenoj banci 1994 - 2001 inicijator osnivanja, najveci akcionar i generalni direktor Financing Centra a.d. u Novom sadu 2001 - u penziji. UNIVERZITETSKA AKTIVNOST 1980. godine biran u zvanje docenta za predmet Ekonomska politika Jugoslavije na Pravnom fakultetu u Novom Sadu 1992. godine biran u zvanje vanrednog profesora ekonomije na Tehničkom fakultetu "Mihajlo Pupin" u Zrenjanin, Univerziteta u Novom Sadu 1994. godine izabran u zvanje redovnog profesiora za predmet Ekonomija na Univeritetu u Novom Sadu Predavao na redovnim i postiplomskim studijama na Pravnom fakultetu u Novom Sadu, Ekonomskom fakultetu u Subotici, Tehničkom fakultetu u Zrenjaninu, Ekonomskom fakultetu u Zagrebu, Rijeci, Titogradu VOLONTERSKA JANA AKTIVNOST Učestvovao u izradi Dugoročnog programa ekonomske stabilizacije 1982. godine, prvenstveno Antinflacionog programa, Bio član Komisije Saveznog izvrsnog veca za reformu privrednog sistema, 1988. godine, Bio član Komisije za izradu ...