Podcast #128: We chat with Kent C Dodds about why he loves React and discuss what life was like in the dark days before Git. Listen now.

Questions tagged [central-bank]

The tag has no usage guidance.

Filter by
Sorted by
Tagged with
5
votes
1answer
152 views

How is the policy of the European Central Bank determined if every country has a different economic situation?

How is the policy of the European Central Bank determined if every country has a different economic situation? Is there a sort of weighing system that makes the economic situation of certain European ...
2
votes
1answer
914 views

Why does the President appoint the heads of the Federal Reserve Banks?

Isn't the Federal Reserve supposed to be an independent central bank? So, independent of the Legislative and Executive branches? How is it independent if the President & Senate choose who leads ...
2
votes
0answers
82 views

What checks and balances are in place to safeguard a Central Bank's independence? [closed]

We trust the Central Banks to carry out its functions effectively and with total independence. What are the guarantees for these institutional properties to be held to standards?
4
votes
1answer
136 views

Who decides what can serve as reserve for fractional reserve banking?

In Fractional reserve banking, which is the common practice these days in most (?) states in the world, a bank is required to limit its loans to a certain multiple of its reserves. I know that ...
4
votes
1answer
71 views

Attitudes of the two parties towards the central bank

The article on Economist Making Fed Great Again says: That matters because Republicans have long sought to overhaul the central bank by subjecting its monetary policy decisions to review by the ...
4
votes
1answer
1k views

How can a country (UN or non-UN member) become a member of World Bank?

There are 193 member countries in the United Nations (UN). Besides these, there are lots of other sovereign countries that are currently not a member of World Bank. So, How can a country (UN or non-...
2
votes
3answers
638 views

Are central banks really as undemocratic as some people say they are? [closed]

While I have rejected most conspiracy theories that I have encountered so far based on lack of evidence, one of the most difficult ones to set my mind on is central banks. From my limited ...
2
votes
0answers
104 views

Hypothetical situations: private money or absolute monopoly upon money supply

Recently I've read Fon Hayeks book "Denationalisation of Money", where he suggests to stop the central bank monopoly upon the money supply. Create competitive private currencies and let the free ...
1
vote
2answers
4k views

Why did the US government let Lehman Brothers go bankrupt and not other Wall Street banks?

During the 2008 financial crisis, almost any of the major Wall Street banks could have gone bankrupt. Lehman Brothers was the unlucky one to be allowed to go bankrupt. The rest were bailed out. Why ...
2
votes
1answer
2k views

What are commonly cited pros and cons of central bank independence?

Googling central bank independence brings up a number of articles discussing central bank independence. In summary and in layman's terms, why would it be advantageous for a central bank to be ...
6
votes
1answer
455 views

Did any legislation ever introduce something like the Chicago Plan?

The Chicago plan involves to impose a 100% reserve on banks, so that banks can no longer create money by lending out. Recently, IMF published a note called The Chicago plan revisited. I'm no economist ...
14
votes
4answers
1k views

Implications of governments borrowing from a central bank rather than issuing money directly

Early in the history of the United States the political battle was fought between those who favored a strong central bank of the United States and others who felt the government reserved the right to ...