Suppose the Federal Reserve decides to begin conducting open market operations by buying and selling Pokemon cards rather than Treasury securities. What would be the impact on the monetary base if the Fed purchased $100 million worth of Pokemon cards?

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The Answer of Suppose the Federal Reserve decides to begin conducting open market operations by buying and selling Pokemon cards rather than Treasury securities. What would be the impact on the monetary base if the Fed purchased $100 million worth of Pokemon cards?

Suppose the Federal Reserve Decides to Begin Conducting Open Market