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According to the article, a second consequence of individual central-bank accounts is that it enables the central bank to implement QE policies more effectively. Why
According to the article, a second consequence of individual central-bank accounts is that it enables the central bank to implement QE policies more effectively. Why is this the case and what are its potential benefits? What's the connection of the individual central-bank accounts idea to 'helicopter money' and the unique advantage of the central bank over commercial banks in its administration?
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