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National central banks control - PowerPoint PPT Presentation

Chapter 16

Chapter 16

Chapter 16. Central Banks and the Federal Reserve System. The Price Stability Goal. Low and stable inflation Inflation Creates uncertainty and difficulty in planning for the future Lowers economic growth Strains social fabric Nominal anchor to contain inflation expectations

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324 views • 31 slides
Chapter 16

Chapter 16

Chapter 16. Central Banks and the Federal Reserve System. The Price Stability Goal. Low and stable inflation Inflation Creates uncertainty and difficulty in planning for the future Lowers economic growth Strains social fabric Nominal anchor to contain inflation expectations

★ ★ ★ ★ ★

429 views • 29 slides
Chapter 13

Chapter 13

Chapter 13. Central Banks and the Federal Reserve System. The Price Stability Goal. Low and stable inflation Inflation Creates uncertainty and difficulty in planning for the future Lowers economic growth Strains social fabric Nominal anchor to contain inflation expectations

★ ★ ★ ★ ★

457 views • 29 slides
Chapter 13

Chapter 13

Chapter 13. Central Banks and the Federal Reserve System. Origins of the Federal Reserve System. Resistance to establishment of a central bank Fear of centralized power Distrust of moneyed interests No lender of last resort Nationwide bank panics on a regular basis

★ ★ ★ ★ ★

418 views • 29 slides
Chapter 13

Chapter 13

Chapter 13. Central Banks and the Federal Reserve System. Origins of the Federal Reserve System. Resistance to establishment of a central bank Fear of centralized power Distrust of moneyed interests No lender of last resort Nationwide bank panics on a regular basis

★ ★ ★ ★ ★

297 views • 29 slides
Chapter 13

Chapter 13

Chapter 13. Central Banks and the Federal Reserve System. Origins of the Federal Reserve System. Resistance to establishment of a central bank Fear of centralized power Distrust of moneyed interests No lender of last resort Nationwide bank panics on a regular basis

★ ★ ★ ★ ★

302 views • 29 slides

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