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High powered money
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   Also found in: Wikipedia 0.03 sec.
High powered money


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Monetisation describes the process through which the central bank replaces government bonds with high-powered money, thus injecting new money into the system.
The policy framework has changed throughout transition, from broad money targeting (1990-1996) to high-powered money targeting (1997-2005), and then to inflation targeting (August 2005).
Sucarato had all the superficial markings of a high-powered money manager.
 
 
 
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