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The modern day architecture of the financial system includes the possibility of creating an infinite quantity of money. To avoid the problems associated with such infinite quantity of money, a financial system based on fiat currency needs a?

a. the government-imposed regulation of banks b. the government-designed social transfers c. the government-stimulated investment activity d. the government-monopolized issuance of monetary base

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Kaloyan Netsov

Lvl 1
4y ago
Updated: 9/16/2021

a. the government-imposed regulation of banks b. the government-designed social transfers c. the government-stimulated investment activity d. the government-monopolized issuance of monetary base

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Midnight

Lvl 6
4y ago

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