Like most central banks around the world, the Federal Reserve currently does not provide deposit accounts for

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Like most central banks around the world, the Federal Reserve currently does not provide deposit accounts for individuals. Suppose the Fed decided to issue digital currency by offering unlimited access to interest-paying deposit accounts for individuals.

What problems might this change cause for the financial system?

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Related Book For  book-img-for-question

Money Banking And Financial Markets

ISBN: 9781260226782

6th Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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