{"id":187619,"date":"2026-06-13T16:15:00","date_gmt":"2026-06-13T20:15:00","guid":{"rendered":"https:\/\/linitiative.ca\/International\/back-to-basics-le-multiplicateur-monetaire\/"},"modified":"2026-06-13T16:15:00","modified_gmt":"2026-06-13T20:15:00","slug":"back-to-basics-le-multiplicateur-monetaire","status":"publish","type":"post","link":"https:\/\/linitiative.ca\/International\/back-to-basics-le-multiplicateur-monetaire\/","title":{"rendered":"Back to basics : Le multiplicateur mon\u00e9taire"},"content":{"rendered":"<div class=\"post-cont-out\">\n<div class=\"post-cont-in no-margin\">\n<div id=\"content-main\" class=\"left relative\">\n<div class=\"liveblog-section\">\n<div id=\"elb-liveblog\" class=\"elb-liveblog elb-theme-light\" data-append-timestamp=\"1\" data-status=\"open\" data-highlighted-entry=\"\" data-show-entries=\"25\" data-endpoint=\"https:\/\/www.tunisienumerique.com\/wp-json\/easy-liveblogs\/v1\/liveblog\/1121990\">\n<div class=\"elb-liveblog-closed-message\">Le blog en direct est termin\u00e9.<\/div>\n<p><button id=\"elb-show-new-posts\" class=\"elb-button button\"\/><\/p>\n<div class=\"elb-no-liveblog-entries-message\">Aucune mise \u00e0 jour du blog en direct pour le moment.<\/div>\n<p><button id=\"elb-load-more\" class=\"elb-button button\">Charger plus<\/button><\/div>\n<\/div>\n<div class=\"simplesocialbuttons simplesocial-round-btm-border simplesocialbuttons_inline simplesocialbuttons-align-left post-1121990 post simplesocialbuttons-inline-no-animation\"><button class=\"simplesocial-fb-share\" rel=\"nofollow\" target=\"_blank\" aria-label=\"Facebook Share\" data-href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/www.tunisienumerique.com\/back-to-basics-le-multiplicateur-monetaire\/\" onclick=\"javascript:window.open(this.dataset.href, '', 'menubar=no,toolbar=no,resizable=yes,scrollbars=yes,height=600,width=600');return false;\"><span class=\"simplesocialtxt\">Facebook<\/span><\/button> <button class=\"simplesocial-twt-share\" rel=\"nofollow\" target=\"_blank\" aria-label=\"Twitter Share\" data-href=\"https:\/\/twitter.com\/intent\/tweet?text=Back+to+basics+%3A+Le+multiplicateur+mon%C3%A9taire&amp;url=https:\/\/www.tunisienumerique.com\/back-to-basics-le-multiplicateur-monetaire\/\" onclick=\"javascript:window.open(this.dataset.href, '', 'menubar=no,toolbar=no,resizable=yes,scrollbars=yes,height=600,width=600');return false;\"><span class=\"simplesocialtxt\">Twitter<\/span><\/button> <button rel=\"nofollow\" target=\"_blank\" class=\"simplesocial-linkedin-share\" aria-label=\"LinkedIn Share\" data-href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=https:\/\/www.tunisienumerique.com\/back-to-basics-le-multiplicateur-monetaire\/\" onclick=\"javascript:window.open(this.dataset.href, '', 'menubar=no,toolbar=no,resizable=yes,scrollbars=yes,height=600,width=600');return false;\"><span class=\"simplesocialtxt\">LinkedIn<\/span><\/button> <button onclick=\"javascript:window.open(this.dataset.href, '_blank' );return false;\" class=\"simplesocial-whatsapp-share\" rel=\"nofollow\" target=\"_blank\" aria-label=\"WhatsApp Share\" data-href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/www.tunisienumerique.com\/back-to-basics-le-multiplicateur-monetaire\/\"><span class=\"simplesocialtxt\">WhatsApp<\/span><\/button><\/p>\n<\/div>\n<p><button class=\"simplefavorite-button\" data-postid=\"1121990\" data-siteid=\"1\" data-groupid=\"1\" data-favoritecount=\"0\"> Lire plus tard<\/button><\/p>\n<p>La cr\u00e9ation de monnaie repose sur l\u2019action de la banque centrale et ce, parall\u00e8lement \u00e0 l\u2019action des banques commerciales qui contribuent \u00e0 son augmentation.<\/p>\n<p>Ceci se fait \u00e0 travers leurs activit\u00e9s de collecte des d\u00e9p\u00f4ts et d\u2019octroi de cr\u00e9dits. Ce processus, qui permet \u00e0 une quantit\u00e9 initiale de monnaie centrale de soutenir une cr\u00e9ation mon\u00e9taire plus importante, est d\u00e9sign\u00e9 par sous le terme de multiplicateur mon\u00e9taire.<\/p>\n<p><strong>Un m\u00e9canisme de cr\u00e9ation de monnaie<\/strong><\/p>\n<p>Le multiplicateur mon\u00e9taire d\u00e9signe le processus par lequel une quantit\u00e9 donn\u00e9e de monnaie centrale permet de g\u00e9n\u00e9rer une quantit\u00e9 plus importante de monnaie dans l\u2019\u00e9conomie gr\u00e2ce \u00e0 l\u2019activit\u00e9 des banques commerciales.<\/p>\n<p>Lorsqu\u2019une banque re\u00e7oit un d\u00e9p\u00f4t, elle en conserve g\u00e9n\u00e9ralement une partie sous forme de r\u00e9serves et peut pr\u00eater le reste. Les fonds pr\u00eat\u00e9s sont ensuite d\u00e9pos\u00e9s dans d\u2019autres banques, qui peuvent \u00e0 leur tour en conserver une fraction et accorder de nouveaux cr\u00e9dits. Ce cycle contribue \u00e0 accro\u00eetre progressivement la quantit\u00e9 de monnaie en circulation.<\/p>\n<p>Le multiplicateur mon\u00e9taire traduit ainsi le lien entre la monnaie centrale et la cr\u00e9ation de monnaie bancaire.<\/p>\n<p><strong>Concept important pour la politique mon\u00e9taire<\/strong><\/p>\n<p>Le niveau du multiplicateur mon\u00e9taire d\u00e9pend notamment du comportement des banques, des m\u00e9nages et des entreprises, ainsi que des r\u00e8gles prudentielles et des exigences de r\u00e9serves impos\u00e9es au syst\u00e8me bancaire.<\/p>\n<p>Les banques centrales prennent en compte ce m\u00e9canisme lorsqu\u2019elles conduisent leur politique mon\u00e9taire, car une variation de la monnaie centrale peut avoir des effets plus larges sur la masse mon\u00e9taire et sur les conditions de financement de l\u2019\u00e9conomie.<\/p>\n<p>Toutefois, dans la pratique, la cr\u00e9ation mon\u00e9taire d\u00e9pend \u00e9galement de la demande de cr\u00e9dit, de la solidit\u00e9 du secteur bancaire et du contexte \u00e9conomique.<\/p>\n<p>Le multiplicateur mon\u00e9taire illustre les m\u00e9canismes par lesquels le syst\u00e8me bancaire contribue \u00e0 diffuser la liquidit\u00e9 dans l\u2019\u00e9conomie \u00e0 partir de la monnaie centrale. Il met en \u00e9vidence les interactions entre les r\u00e9serves bancaires, les cr\u00e9dits et les d\u00e9p\u00f4ts, ainsi que leur influence sur la masse mon\u00e9taire. A travers, ce concept on appr\u00e9hende, d\u2019une mani\u00e8re plus \u00e9labor\u00e9e, le fonctionnement du financement de l\u2019\u00e9conomie et les effets des d\u00e9cisions de politique mon\u00e9taire sur l\u2019activit\u00e9 \u00e9conomique.<\/p>\n<div class=\"simplesocialbuttons simplesocial-round-btm-border simplesocialbuttons_inline simplesocialbuttons-align-left post-1121990 post simplesocialbuttons-inline-no-animation\"><button class=\"simplesocial-fb-share\" rel=\"nofollow\" target=\"_blank\" aria-label=\"Facebook Share\" data-href=\"https:\/\/www.facebook.com\/sharer\/sharer.php?u=https:\/\/www.tunisienumerique.com\/back-to-basics-le-multiplicateur-monetaire\/\" onclick=\"javascript:window.open(this.dataset.href, '', 'menubar=no,toolbar=no,resizable=yes,scrollbars=yes,height=600,width=600');return false;\"><span class=\"simplesocialtxt\">Facebook<\/span><\/button> <button class=\"simplesocial-twt-share\" rel=\"nofollow\" target=\"_blank\" aria-label=\"Twitter Share\" data-href=\"https:\/\/twitter.com\/intent\/tweet?text=Back+to+basics+%3A+Le+multiplicateur+mon%C3%A9taire&amp;url=https:\/\/www.tunisienumerique.com\/back-to-basics-le-multiplicateur-monetaire\/\" onclick=\"javascript:window.open(this.dataset.href, '', 'menubar=no,toolbar=no,resizable=yes,scrollbars=yes,height=600,width=600');return false;\"><span class=\"simplesocialtxt\">Twitter<\/span><\/button> <button rel=\"nofollow\" target=\"_blank\" class=\"simplesocial-linkedin-share\" aria-label=\"LinkedIn Share\" data-href=\"https:\/\/www.linkedin.com\/sharing\/share-offsite\/?url=https:\/\/www.tunisienumerique.com\/back-to-basics-le-multiplicateur-monetaire\/\" onclick=\"javascript:window.open(this.dataset.href, '', 'menubar=no,toolbar=no,resizable=yes,scrollbars=yes,height=600,width=600');return false;\"><span class=\"simplesocialtxt\">LinkedIn<\/span><\/button> <button onclick=\"javascript:window.open(this.dataset.href, '_blank' );return false;\" class=\"simplesocial-whatsapp-share\" rel=\"nofollow\" target=\"_blank\" aria-label=\"WhatsApp Share\" data-href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/www.tunisienumerique.com\/back-to-basics-le-multiplicateur-monetaire\/\"><span class=\"simplesocialtxt\">WhatsApp<\/span><\/button><\/p>\n<\/div>\n<p><strong>Que se passe-t-il en Tunisie?<\/strong><br \/>Nous expliquons sur notre <a href=\"https:\/\/www.youtube.com\/channel\/UCRzypVq0B_yBad5eGrwBx0Q?sub_confirmation=1\" target=\"_blank\">cha\u00eene YouTube<\/a> . <a href=\"https:\/\/www.youtube.com\/channel\/UCRzypVq0B_yBad5eGrwBx0Q?sub_confirmation=1\" target=\"_blank\">Abonnez-vous!<\/a><\/p>\n<div class=\"mvp-org-wrap\" itemprop=\"publisher\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/Organization\">\n<div class=\"mvp-org-logo\" itemprop=\"logo\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\"><img decoding=\"async\" src=\"https:\/\/www.tunisienumerique.com\/wp-content\/uploads\/2024\/03\/Logo-Tn1-1-3.png\"\/><br \/>\n<meta itemprop=\"url\" content=\"https:\/\/www.tunisienumerique.com\/wp-content\/uploads\/2024\/03\/Logo-Tn1-1-3.png\"\/><\/div>\n<p><meta itemprop=\"name\" content=\"Tunisie Numerique\"\/><\/div>\n<div class=\"mvp-related-posts left relative\">\n<h4 class=\"post-header\"><span class=\"post-header\">LIRE AUSSI<\/span><\/h4>\n<\/div>\n<div id=\"article-ad\">\n  <ins class=\"adsbygoogle\" data-ad-client=\"ca-pub-2102118777505746\" data-ad-slot=\"6168283410\" data-ad-format=\"auto\" data-full-width-responsive=\"true\"\/>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Auteur: Mohamed Ben Abderrazek<br \/>\n<a href=\"https:\/\/www.tunisienumerique.com\/back-to-basics-le-multiplicateur-monetaire\/\">Cliquez ici pour lire l&rsquo;article depuis sa source.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Le blog en direct est termin\u00e9. Aucune mise \u00e0 jour du blog en direct pour le moment. Charger plus Facebook Twitter LinkedIn WhatsApp Lire plus tard La cr\u00e9ation de monnaie repose sur l\u2019action de la banque centrale et ce, parall\u00e8lement \u00e0 l\u2019action des banques commerciales qui contribuent \u00e0 son augmentation. Ceci se fait \u00e0 travers [&hellip;]<\/p>\n","protected":false},"author":1789,"featured_media":187620,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.tunisienumerique.com\/wp-content\/uploads\/2025\/11\/economie-tran-1-1.jpg","fifu_image_alt":"Back to basics : Le multiplicateur mon\u00e9taire","footnotes":""},"categories":[73,55],"tags":[],"class_list":["post-187619","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualite","category-tunisie"],"_links":{"self":[{"href":"https:\/\/linitiative.ca\/International\/wp-json\/wp\/v2\/posts\/187619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/linitiative.ca\/International\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/linitiative.ca\/International\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/linitiative.ca\/International\/wp-json\/wp\/v2\/users\/1789"}],"replies":[{"embeddable":true,"href":"https:\/\/linitiative.ca\/International\/wp-json\/wp\/v2\/comments?post=187619"}],"version-history":[{"count":0,"href":"https:\/\/linitiative.ca\/International\/wp-json\/wp\/v2\/posts\/187619\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/linitiative.ca\/International\/wp-json\/wp\/v2\/media\/187620"}],"wp:attachment":[{"href":"https:\/\/linitiative.ca\/International\/wp-json\/wp\/v2\/media?parent=187619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/linitiative.ca\/International\/wp-json\/wp\/v2\/categories?post=187619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/linitiative.ca\/International\/wp-json\/wp\/v2\/tags?post=187619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}