Central bank independence

Created
Tue, 02/12/2025 - 07:40
Updated
Tue, 02/12/2025 - 07:40
Central banks wield near-unlimited power over monetary policy, a policy which largely governs inflation, employment, and economic stability. This power ought to be subject to greater democratic oversight to ensure it aligns with the interests of us, the citizens. Over time, central banks have developed a sort of ‘policy bias’ where inflation control is prioritised […]

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