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Central Banking models
Ghoul, could you be a bit more specific about the lessons we could learn? I'm not too familiar with those banks... -
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Central Banking models
Suppose we were to say however that a CB is more or less necessary ... what kind of model do you think is most likely to produce desired results? Under what criteria should it be judged?? -
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Central Banking models
What kind of responses am I looking for? One of two I suppose ... The first would be a pro-CB stance, which would advocate a certain CB model and extol its virtues. The second would be an anti-CB stance which would explain what kind of alternative would be appropriate. CBs are essentially... -
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Central Banking models
Okay, that's true, but a quasi-governmental bank (you might know it as the Fed) was established again in 1913 after the 1907 panic. Since the Great Depression, we have seen recessions of far smaller intensity (not including this latest one). A lot of people attribute that to the success of the... -
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Central Banking models
Sorry to bump, I know it's not the in the best of form, but I was hoping to really get a discussion going here. I think one reason this thread didn't get going is because of a lengthy delay in its posting (I'm a new member). However I do feel like at least the question of whether each of our... -
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Central Banking models
I was hoping someone here might be able to detail what sets central banks apart from each other. Obviously we have models like the Fed, the ECB, and the pre-ECB Bundesbank. But I have had a lot of trouble trying to directly compare them. Also there are some weird examples like the NZ model where...