Monetisation (of public debt): Difference between revisions
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imported>Nick Gardner (New page: {{subpages}} <!-- Text is transcluded from the Monetisation (of public debt)/Definition subpage-->) |
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Latest revision as of 05:28, 10 February 2010
Monetisation (of public debt) [r]: A government's sale of its own securities to the country's central bank in order to obtain funds that are used to redeem its public debt - resulting in an expansion of the bank's monetary base, and consequently of the country's money supply. [e]
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