The role of information technology in increasing the effects of the monetary policy

While the events are rapidly changing in nowadays economy it is becoming more difficult to control them. The authorities that control the economy, are trying to direct it with different policies. One of these policies is the monetary policy. We can see that all the departments integrate with each other in our modern world where the information technology changes rapidly. At this point, the effects of the information technology on the economy can be noticed. If we think the efficiency and productivity at the high level there arises the necessity of using new inventions of the information technology in all spheres of the economy.