4min chapter

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Who does Raghuram Rajan blame for inflation?

Chicago Booth Review Podcast

CHAPTER

The Power of Central Banks and the Lack of Supervision

This chapter explores the power of central banks, their behavior during the global financial crisis and the lack of supervision surrounding events like the Silicon Valley bank. It discusses the need to scrutinize both the supervisory and monetary sides of central banks and the debate between maintaining their independence and giving more control to the government.

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