Difference between revisions of "Central bank"
Jump to navigation
Jump to search
DamianJohn (talk | contribs) (central banks independent from govt) |
|||
| Line 2: | Line 2: | ||
In most western democracies the central bank is independent from the government. This is designed to prevent political interference in monetary policy. Generally a government specifies with legislation the general aims of the central bank (usually maintaining a low level of inflation) but the day to day operations of it are immune from political pressure (in principle if not always in practice) | In most western democracies the central bank is independent from the government. This is designed to prevent political interference in monetary policy. Generally a government specifies with legislation the general aims of the central bank (usually maintaining a low level of inflation) but the day to day operations of it are immune from political pressure (in principle if not always in practice) | ||
| + | |||
| + | ==See Also== | ||
| + | * [[Federal Reserve Bank]] | ||
==Sources== | ==Sources== | ||
http://usinfo.state.gov/products/pubs/oecon/chap12.htm | http://usinfo.state.gov/products/pubs/oecon/chap12.htm | ||
| + | {{Template:Economic preparedness topics}} | ||
| + | |||
| + | [[Category : Economic Preparedness]] | ||
| + | [[Category : Banksters]] | ||
[[Category:Economics]] | [[Category:Economics]] | ||
Revision as of 23:07, February 21, 2015
A central bank is a country's principal monetary authority, responsible for such key functions as issuing currency and regulating the supply of credit in the economy.
In most western democracies the central bank is independent from the government. This is designed to prevent political interference in monetary policy. Generally a government specifies with legislation the general aims of the central bank (usually maintaining a low level of inflation) but the day to day operations of it are immune from political pressure (in principle if not always in practice)
See Also
Sources
http://usinfo.state.gov/products/pubs/oecon/chap12.htm
