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The word “monetize” is utilized to make reference to the whole process of converting an item into money. From the banking sector, monetize might be accustomed to signify the whole process of turning an asset into lawful tender.
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This summary is not really a substitute for examining the posting in whole, as it's possible you'll miss out on out on essential nuances.
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Drawing inference on whether the Fed monetized the personal debt can be a tall order, provided that the weight provided to various monetary aggregates changed about a period when the growth of your aggregates was emphasized all the more.
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