Борец А.А

The article describes the theoretical aspects of the model changes of the monetary conditions under the instability and uncertainty. An objective need for discretionary instruments in formulating and implementing of monetary policy is discussed. The analysis of basic theory of the banking system, money and loans is given. The absence of common understanding and acceptance mechanism of monetary emission in various theories used in banking practice today is revealed. It is shown that while the use of elements of the banking and monetary schools in the construction of the banking system led to conflicting interpretations with respect to the monetary issue. It is proved that the basis for modern banking practices is the loans theory of capital formation, which is based on the priorities of active operation on passive and reveals the mechanism of non-cash issue. Conclusions on the need to develop adequate conditions for the development of modern economic relations, theoretical basis for the formation of monetary policy are given.

The article describes the features of lending of individuals with the bank cards, the dynamics of consumer loans and the impact of these factors on the money supply. Excluding the identified trends using the instruments of monetary policy by the Bank of Russia is of little effect, which determines the need for their improvement.