Eddy's Weekly Market Insight
Friday, 18 April 2025
Eddy's Weekly Market Insight
There’s a reason why, in most countries—including autocracies—the central bank has been made as independent from politics as possible. When control over the central bank, the only institution capable of managing money creation, falls into political hands, it almost inevitably leads to ballooning budget deficits financed by the central bank. History has shown time and again that this path results in…
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