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Do We Still Need Central Banks?

Economics Explained

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Navigating the Challenges of Inflation and Economic Disparity

This chapter explores the intricacies of inflation influenced by central bank actions, particularly following the COVID-19 crisis. It contrasts the experiences of wealthier households benefiting from asset price increases with the struggles of poorer households facing rising consumer prices, while also examining the challenges posed by current fiscal policies on central banking effectiveness.

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