2min chapter

The "What is Money?" Show cover image

An Examination of Central Banking with Joseph Wang (WiM234)

The "What is Money?" Show

CHAPTER

Central Banks Are Politically Sensitive

The Federal Reserve Board though was part of the government. And so they answer in theory to the, I guess, to the executive and of course the American public. There's a lot of political influence between the White House and the Fed. The whole notion of central bank independence has always struck me as something quite asset on.

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