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500- Impending Choices and the Age of Energy (Free)

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CHAPTER

The Importance of Monetary Policy

Central banks use monetary policy to manage economic fluctuations and achieve price stability. Many developing countries also are moving to inflation targeting. The one we're seeing now I would imagine is gonna end dollars as we once knew them. It's insanity at a level. We can't imagine But right now the central banks basically regulate themselves if there is any regulation In other words, are they doing anything more but acting in their own interests? And by the way, who voted them in to control everything about how we buy and sell?"

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