Central Banks and Banking Crises in Perspective

Central banks are relatively recent creations. An American President (Andrew Jackson) even disbanded his country’s central bank in the nineteenth century because he did not believe it was particularly significant. However, that was then, and this is now. Most nations’ financial systems nowadays are dominated by their central banks. Is it really good?
If you want an answer, by this time of crisis, Find out more In the Essay by East West
global-east-west.com/?p=1567
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