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Step one, of course, is the creation of money in the first place.
Money Creation
Money is defined as any item that is generally acceptable to sellers in exchange for goods and services, (McConnell and Brue, 2004). Money also serves as a standard of value for measuring the relative worth of different goods and services and as a store of value. Money is normally the standard of deferred payment (to settle a debt). To the uninformed, money is strictly currency; however, money can also be in various forms of financial deposit accounts, such as demand deposits, savings accounts, and certificates of deposit...
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