Influence of Economic Systems and Central Banks

This chapter explores the interplay between the economic systems of Germany, Japan, and the United States, discussing the implementation of the Mye-Kava plan in Japan and the role of central banks in controlling the global economy. It also delves into the misconceptions surrounding the OPEC oil embargo and its impact on inflation, as well as the events that led to the end of the gold-backed US dollar system. The chapter concludes with a discussion on the coordination of central banks and the transition to the petrodollar system.

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