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عمومی::
مقام پولی
Both the tools of monetary policy and the institutional setup of the monetary authority need to be reconsidered.
To provide for price stability, the monetary authority also needs a tool to inject money into circulation.
The independent monetary authority issues new money by simply transferring it to the citizens.
The public monetary authority will have to occasionally adjust the amount of unconditional income to maintain price stability in a dynamic economic environment.
Second, political pressure on the monetary authority is higher in a system where money is injected via the government.
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