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Business, 24.04.2020 23:03 hope564

A columnist in the New York Times noted, "Normally when we say that a central bank like the Federal Reserve or European Central Bank creates money from thin air, it does so by buying up bonds." Source: Neil Irwin, "Helicopter Money: Why Some Economists Are Talking about Dropping Money from the Sky," New York Times, July 28, 2016. Does the government create money by printing currency?

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