Abstract
With the development of financial innovation, financial innovation can be divided into innovation of financial technology and institutional innovation. During financial technology innovations, the most notable new thing is electronic money. With the rapid development of electronic commerce and information science and technology-based high-tech applications in the financial sector deepening, electronic money is widely used in the production and the requirements of social development and the inevitable result.
This article first introduces the definition of electronic money and the money supply, and brings everyone a specific understanding of electronic money through specific examples. And it uses the specific data to make everyone have a preliminary understanding about the development of electronic money in the current situation in China. And through analysis of electronic currency on the impact of money supply and bank electronic money on monetary policy, it gets some measures to avoid the impact of electronic money on monetary policy. Hope for better grasping the macroeconomic and microeconomic market economy such as prices, interest rates, employment and so on to provide some help.
