Review:
Central Banking
overall review score: 3.5
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score is between 0 and 5
Central banking is a system in which a national government or monetary authority maintains control over the supply of money, interest rates, and currency issuance.
Key Features
- Monetary policy
- Currency issuance
- Bank regulation
- Economic stability
- Interest rate management
Pros
- Helps regulate the economy
- Provides stability to currency value
- Supports economic growth
Cons
- Potential for political interference
- Can lead to inflation if mismanaged
- May not always be effective in controlling economic fluctuations