Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Explore our Q&A platform to find reliable answers from a wide range of experts in different fields. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.
Sagot :
Independent central banks are better at dealing with inflation than policy-controlled banks, because they regulate the flow of money with the help of various instruments
Advantages of the Independence of central banks
- The independence of its members, which is nothing more than the limits imposed on politicians so as not to influence the composition of the board of directors of the central bank or its decisions.
- Financial independence, that is, the autonomy of central banks to be able to manage their operations and not be captive of government decisions.
- Independent central banks are not obliged to finance government spending and to be able to set their objectives or instruments.
For more about central banks here https://brainly.com/question/29547955
#SPJ4
We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.