The article looks at how money supply behaves in BRICS countries from 1982 to 2012. By analyzing data and using econometric methods, the researchers found that in Brazil, China, Russia (2004-2012), and South Africa (1982-1993), bank loans cause changes in money supply. In India and Russia (1982-2003), it's the other way around - changes in money supply cause bank loans. However, in the short term, central banks in these countries still use traditional monetary policies to control money supply, even though in the long term, they tend to stay neutral.