Until then, depositors had not even seen a rise. 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". disappointing because of the best performance of the global economy since the financial crisis. The focus of 2017 also includes making blockchain workplaces more attractive. On Wednesday, on the first four shopping days of Christmas, upscale stores were discounting heavily, including most of the fashion retailers. H&M offers discounts of up to 60%, while Debenhams, Fraser, French connections, gaps, new faces and Dorothy Perkins offer discounts of up to 50%.