famous non profit organizations An open market enables enterprises to compete and cooperate with each other on a larger scale and at a higher level to promote economic development. In his theory, money supply is controlled by the central bank and is an exogenous variable with no interest rate elasticity. At this point, monetary demand depends on people's psychological "liquidity preference". Brexit offers a chance to "reshape the structure of the UK economy", but the impact of regulatory barriers could hurt carmakers and the financial sector. Now, however, that wisdom is being questioned, not just in Britain. As long as inflation is a real and present danger, it makes sense to put monetary policy down to the conservative central bankers and keep them from the government's fiscal deficit. Instead, the problem today is the opposite: that the central bank cannot raise inflation to its target.