Its clients are the banks; it is a place where banks can go to borrow money when they really need to; and its functions are to support the banking sector so that banks can make their proper profits as they go about their proper business. Above all, the central bank must ensure that the money supply is large enough that mere illiquidity, rather than insolvency, does not force banks into bankruptcy and liquidation.
其中一方可以称为银行阵营，它认为中央银行是银行的银行。中央银行客户是银行；银行可以在真正需要时向中央银行借钱，而中央银行的功能是支持银行部门，使银行可以在合理的业务经营中获得合理的利润。总而言之，中央银行必须确保货币供给足够大，仅仅出现流动性不足而非资不抵债情形不会迫使银行破产、走向清盘。