Finance, Forex and Investments

Central Bank Knowledge Base

Central Bank? What the fuck is the point of it? The Fed doesn't contain inflation and never has, why do we have a Central Bank? Woodrow Wilson regretted it after he brought it back...what is its purpose and why do we put up with it?
Central bank? Can you name the central bank of U.S.A and U.K
Central Bank and Treasury print money and circulate to the whole country. How does the system works? How is it possible that Central bank sustainably prints and circulate money to public and institutions? CB can issue securities and collect money from the economy and and inversely spread money by purchasing securities. Then how is it possible that the public of a country, say USA citizens and institutions, hold trillions of dollars continuously?
Why is it important to separate central bank and the goverment? In my country, the central bank has been separated from the executive branch of government. The central bank governor used to be a public post in the cabinet. Now, the president elect candidates for board of governors to be elected by the house. The elected board then works along side the house and the cabinet to maintain and execute monetary policy. Why is this the 'better' way (according to some economist)? Why is this NOT the 'better way (according to some others)? PS: I'm not an econ student so easy on the jargon pls.
How central bank to control the inflation of the economy in period of boom and recession? How central bank to control the inflation of the economy in period of boom and recession?
Are interest rates adjusted by the central bank the same as that of commercial banks? When central banks (like the Fed) adjust interest rates, are these the same rates used by Commercial Banks? Do Commercial Banks give the same interest rates as the Central Bank?
How does the Central Bank and the Treasury work ? Could somebody who really understands the relationship between these two could explain to me in really simple way who is the one who prints the money? Where do they borrow it from? Is the Bank of England or the Federal Reserve the government? Who does the treasury borrow "money" from to print more money? I dont understand this. They are asking permission to print more of their own money from the central bank? How does the Federal Reserve or the Bank of England control the treasury? thanks.
What countries remain without a Rothchild central bank? In the year of 2000 there were seven countries without a Rothschild owned Central Bank, which were, Afghanistan, Iraq, Sudan, Libya, Cuba, North Korea and Iran. In 2003, Sudan, Libya, Cuba, North Korea and Iran remained as the last countries on Earth not controlled by the Red Shield banks. Today, only Cuba, North Korea and Iran have central banks that are not Red Shield banks. Does anyone see a pattern here?
How can Central Bank achieve price stability? Suppose the public loses confidence in holding their wealth in the form bonds and stocks, and they hold a larger portion of their wealth in the form of cash. However, this will lead to a change in the price level. If the central bank wants to achieve price stability, what should it do? Explain.
If Canada's central bank becomes the Bank of Canada and Iceland would it affect canada in a relevant way? I read in a news article, that if Iceland adopts the loonie, Canada's central bank would become the Bank of Canada and Iceland. HOW?
Does the Central Bank of the Philippines buy Gold and Silver coins? Does the Central Bank of the Philippines buy Gold and Silver coins? I am a coin collector and I wanted to know if the Central Bank of the Philippines would buy Gold or Silver bullion coins from USA or Canada? I've heard that they have a gold and silver buying program. Can anyone let me know what their policy is regarding buying and selling gold/silver coins?
. When a central bank continues to inject money into the economy slightly, people do not notice the change i? . When a central bank continues to inject money into the economy slightly, people do not notice the change in the money supply in their daily lives. Why do the price levels still keep rising even though people do not recognize the slight annual increase in the money supply? Explain the mechanism of this inflation.
Why can a Central Bank not control both the supply of reserves and the interest rate? The question is linked to the open market operations,used by Central Bank to set the supply of money.
How would the purchase of debt lent to Italy by Central Bank of Europe reduce its loan rates? I read some excerpts from a report as quoted "Central Bank of Europe plans to buy the debt lent to Italy so as to reduce the costs at which Italy seeks the loan".This is one of the measures to weaken the ill impact of economic crisis in Italy. I want to know how this measure will work?
Why would a central bank buy bonds directly from a government? This seems weird to me. I thought the primary market was when the government sold bonds to the public. The secondary market was when the NY Fed sold and resold them in NY. But I think my understanding is wrong: does the primary market consist of the government selling bonds to its central bank, not the public?
How does cutting financial institutions that work with Iran's central bank effect the US financial system? Sanctions signed into law by U.S. President Barack Obama on New Year's Eve would cut financial institutions that work with Iran's central bank off from the U.S. financial system, blocking the main path for Iran to receive payments for its crude. So I read this and I would like to understand why Iran does not receive the money directly from the others countries? How is the money routed to Iran, through the US? How does it all work and why would cutting off other countries block Iran from getting payments?
Why would you need to recapitalize a Central Bank? I've seen references lately to the supposed need for Europe to recapitalize the ECB. What am I missing? A central bank doesn't need capital. It's not like other banks. It creates money out of thin air to buy balance sheet assets. Recapitalizing the ECB makes no sense to me. Is this related to some rule about Eurozone governance or a simple misconception people are making?
What are the functions of the central bank of a country? What are the functions of a central bank of a country? Please help.
How does the change in the interest rates by a central bank of a country affect the stock prices of companies? Suppose the central bank increases the interest rate from 6% to 6.5%. How will this affect the stock prices of companies in the relevant sectors?
Why is the European Central Bank not actively involved in bailouts via quantitative easing like the Fed? I was hearing about how the European countries like Greece and Portugal, now Italy were forced to ask for bailout when their "interest rates" on debt hit a high something like 5-6%? If the European Central Bank lowered their interest rates wouldn't that cause the banks to lower their interest rates and thereby prevent a bailout? I understand how our Federal Reserve Central Bank controls the U.S money flow I do not know as much about Europe.
Why does Australia need a Reserve Bank or why do countries need a central bank? Why can't the responsibilities of the Central banks be borne by a department of that countries' Federal Government? Why is it that the financial status of a countries' people (and the ability to generate bank notes or cash) is being determine by a bunch of private and profiteering directors? Or am I misunderstanding something here? If the interest generated by Central banks was put back into consolidated revenue instead of lining the pockets of directors and share holders, wouldn't this minimise inflation?
Why do countries have both a central bank and a finance ministry? Why do countries have both a central bank (called Federal Reserve Bank in the US) and a finance ministry (called Treasury Dep't. in the US, Chancellor of the Exchequer in the UK, etc.)? Does every country have both? What did the US have prior to 1913, when the Federal Reserve was created?
Whats true of fixed exchange rates if the central bank uses monetary policy to fix the exchange rate? A. All these choices are true. B. A fixed exchange rate magnifies the ability of monetary policy to stabilize the domestic economy. C. With a fixed exchange rate, net exports always tend to equal zero. D. Because the central bank is responsible for maintaining the fixed exchange rate, it is not free to use monetary policy to stabilize the domestic economy.
How much liquidity can a central bank (e.g. Fed or ECB) inject before it runs out of money? I have a couple of questions: (1) Is there an upper limit to how much liquidity a central bank can inject into the economy? (2) Can they do this under their reserves are exhausted or can it go on indefinitely? (3) Is it ever considered Seigniorage to do this? (4) How does it affect their balance sheet? If you have answers to one or more of the questions, please respond. Thanks.
Suppose the Central Bank decides to decrease the required reserve ratio? Suppose the Central Bank decides to decrease the required reserve ratio: What is the expected impact on the money supply? What would be the expected impact on the interest rate and the level of planned investment?
Did colonial resistance to England's central bank cause the revolutionary war to start? The central bank was established in the colonies against their wishes. Central bankers have a long and bloody history of corruption. It is believed by many that they have offed many presidents s/a Lincoln, Kennedy, and an attempt at Reagan. The Central bank has caused enormous inflation and is the reason energy prices have soared. Ron Paul will end the Central bank (aka the federal reserve), and restore a gold standardized economy which will stabilize our economy !
What would be the likely response if any should I choose to write to the Central bank? Dear sir It has come to my attention that you and not the government of Canada print money and loan it to the Canadian government . This deception has lead to the average Canadian wrongly believing they as a nation are in debt when in truth the Canadian people have been robbed and held hostage to pay interest on the theft It has come to my attention that you are not an elected official and that by wrongly lending money to the government of Canada and holding hostage the peoples that you have become the owner of the government and by controlling the circulation of money with no oversight or democratic representation This is clearly in my opinion a charge of treason and interference with many elected governments Provincially and federally I believe there is ample evidence of a bloodless coup I therefore ask that you surrender yourself to the nearest RCMP detachment and make a full confession available in order to avoid further costs for a trial Because you are not the government of Canada the money you have printed is counterfeit and not the currency of this land Because you have used these counter fit notes to purchase to the government you should immediately confess to treason interference counterfeiting and holding hostage the peoples of Canada in a racketeering scheme of absolute evil with the purposeful design in mind of enslaving the peoples of this Dominion ----------------------------------- What would be the likely response if any should I choose to write to the Central bank Laughter A free beating A restraining order A job offer A confused secretary who tosses it in the rubbish bin right away ? --- Something completely different ?
What is Monetary Base and how can the Central Bank affect it? Hi, I don't understand what is the monetary base, from definition, I get it's all the money outside of the bank and the "real"(that physical money) money inside the bank. Am I correct? But how come when the Central Bank conduct a SRA(meaning selling the bonds), the Monetary Base will be temporarily smaller? Thanks
When the Central Bank says its going to pump Billions into the US economy where does the money come from? And who makes money off the interest? I keep hearing on the news that this Central Bank is going to bail out the economy but they never say where the cash comes from, and where it is spent or that it may make things worse. What am i missing here??
How might a country's Central Bank use monetary policy to stimulate domestic aggregate demand via exchange How might a country's Central Bank use monetary policy to stimulate domestic aggregate demand via exchange rates?
Is it legal for Obama to steal all the assets of the Iranian central bank by executive order? On Sunday, Superbowl day,while Americans were looking the other way, Obama signed an Executive Order confiscating all holdings of the Iranian Central Bank. This is an obvious act of war, which he perpetrated without any congressional approval.
If the European central bank decides to contract the money supply to fight inflation..? If the European central bank decides to contract the money supply to fight inflation, what will happen to the value of the U.S dollar?
How many countries do NOT have a central bank? How many countries do not have a central bank that issues currency through a fiat system, or that utilises fractional reserves? And, which countries are they? (what are their names?)
What should i do when my payment is blocked by America's Central Bank? My payment in USD was sent from Hongkong to my China mailand USD account, but it couldn't received because it is blocked by America's central bank (My bank told me). Why it is blocked and how can i get it released?
Relationship between central bank and State budget? When State budget is deficit, does central bank hand money to the government? When central bank issue bonds (eg: withdraw money to fight inflation), do those money run to state budget? Does the Treasury involve?
Unable to apply online for Central Bank of India Probationary Officer post? Iam unable to apply online for Probationary Officer post in Central Bank of India.The web site is not functioning properly.I tried many times filling the form.But after filling the details it is not giving any response. Please help me.
Question about the Central bank's operation and the money supply? Why does it say the reason central bank sales of securities is to decrease the growth of deposits and loans with the financial system? And, why is the money supply goes down when the interest rate is high? I thought when the interest rate is high, people will start to put their money in the bank, so the MS should get bigger. Thanks, guys!
ECONOMICS HELP: What does it mean if the central bank injects cash into an economy? ECONOMICS HELP: What does it mean if the central bank injects cash into an economy? Thanks a heap! Rather confused. "The act of injecting cash into an economy is also known as an injection, which is part of “a model used in Keynesian economics based on the equality of non-consumption expenditures” (Amosweb), including investment, government spending, and exports. Specifically in context, the aid of the central bank injecting cash into the economy....." Stuck!
Does the central bank of iraq circulate all newly printed currency through their daily auction? what is the sole purpose of the central bank of iraqs daily auction? Is the sole purpose to circulate currency?
How much is a bill from Central Bank of Egypt with 50 piastres on it? I also have a 1 dollar bill with Central Bank of Belize on it, how much are each worth in US dollars, and how can I get them converted?
3. You’re running the central bank of a country called Econdavia. The Prime Minister calls you one day complai? 3.You’re running the central bank of a country called Econdavia. The Prime Minister calls you one day complaining that the currency is too high. Apparently, exporters are concerned that Econdavia’s high currency rate is making them lose business abroad. What could you do as a central banker to get the currency to decline? Should you do anything at all? Why or why not?
The European Union has created the European Central Bank? The European Union has created the European Central Bank (ECB). Unlike the Federal Reserve, the ECB is not a lender of last resort. This means that if commercial banks fail to honor their deposits the ECB is not supposed to step in and help them with emergency credit. In your opinion is this a reliable institutional setting for a banking system? Why?
Do we really need a private central bank? Article one section 8 of the constitution says that the govt has the right to print its own money. Why do they need a private central bank to print the money. Plus the private bank charges interest. Say no to the Rockefellers and the Rothschilds. End the Fed. Vote Ron Paul 2012.
How can Central Bank and Federal Government slow down rising looney? To support exporters, industry and workers in industry, we should do something, what's your idea?: 1-Central Bank Buys American dollar and increases reserves. 2-Federal Gov. Pays back more national debt. 3-Decreasing interest rate. 4-Cutting more taxes. or cutting from corporate tax to support industry and to decrease surplus or all of them
What are pre 1966 coins of central bank of philipines made out of? Are they silver? they say central bank if philipines fifty centavos. 1960thru 1966?
Why do so many democrats support the Federal Reserve when the party was founded on fighting a central bank? For years their party platform included this language and Jefferson put his career on the line to fight the Central bank. So why are so many democrats in favor of it today when the party was initially created to fight it off???
Do banks borrow money from the central bank? I know the central bank sells and buys govt securites. But if the banks want money, what happens? Do they borrow from the central bank too (can they?), or can they only obtain money from other commercial banks? Also, how does the cash rate influence the banks? Btw, cash rate = Fed funds rate in US
What does the keynesian economics theory say the central bank should do when it expands the money supply to cr? What does the keynesian economics theory say the central bank should do when it expands the money supply to create more government spending in the economy sending on what bank loans for consumers/consumer spending to help bring down unemployment or what can anyone explain ? To fight unemployment, the Fed traditionally expands the money supply. This creates more spending in the economy, which creates more jobs. http://www.huppi.com/kangaroo/Keynesianism.htm
Explain why it is better for a central bank to set its monetary policy according rules rather than discretion? Explain why it is better for a central bank to set its monetary policy according rules rather than discretion. i kinda need like a long answer and alot more detailed and by the way can i ask where you got your information from?
Does central bank rate hike influence government bond yields? I think government bond yields are based solely on the riskiness of the country defaulting. Is that true? If central bank announces a rate hike, does that influence direclty the government bond prices/yields? What about indirectly?
Is there a bond to be signed while joining Central bank of india as a PO? Hi, can anyone who works in central bank of india or selected as a PO help me out on this one? > how many days does the joining process take? i have to report on 29th ..will i be directed outright to my branch or place of joining? do i have to sign any bond at the time of joining ? which bank should i chose..sbi or cbi?
how does the European Central Bank set monetary policy? there are 27 member countries in the European Union and they all use the same Euro currency. what i'd like to know is how does the central bank set a single monetary policy/interest rate for 27 different countries? surely they'd all have different economic climates and objectives right?
Which of the following statements is generally true about central bank independence? a) Countries with the most independent central banks have the lowest inflation rates. b) Countries with the least independent central banks have the lowest inflation rates. c) Countries without central banks have the lowest inflation rates. d) The degree of independence of a country's central banks has little to do with its inflation rate.
fixed exchange rates if the central bank uses monetary policy to fix the exchange rate? Which are true? A. All these choices are true. B. A fixed exchange rate magnifies the ability of monetary policy to stabilize the domestic economy. C. With a fixed exchange rate, net exports always tend to equal zero. D. Because the central bank is responsible for maintaining the fixed exchange rate, it is not free to use monetary policy to stabilize the domestic economy.
HOW DOES THE CENTRAL BANK CONTROLS THE ACTIVITIES OF THE GOVERNMENT? How does the central bank controls the activities of the government?
Should monetary policy be made by an independent central bank? Should monetary policy be made by an independent central bank? Monetary policy has a lasting effect in Canada, but members of the Bank of Canada's Governing Council are not held directly accountable to elected officials or to the public. The following questions address the costs and benefits of central bank independence. Which of the following is an example of the time inconsistency of policy? A:The inflation rate equals 5% and the Bank of Canada announces that its target inflation rate is 2%, but the next day the Bank of Canada reduces the overnight rate. B: The government faces re-election and gets Parliament to cut taxes before the campaign begins. C: The Prime Minister asks the Bank of Canada to lower the overnight rate, but the Governor of the Bank refuses for fear of inflation. D: The government lowers taxes and increases government purchases whenever economic indicators show an approaching recession.
Canada's new central bank governor wants to modernize the central bank's approach to globalization and sophist Canada's new central bank governor wants to modernize the central bank's approach to globalization and sophisticated financial markets. What is the one thing he doesn't want to do with the loonie?
why would we have a central bank if the declaration of independence is directly against it? we have the federal reserve which charges the country to print money? the last time the country was completely out of debt was when we removed the last central bank from our economy... and then to vote the fed res they had to vote on it christmas eve so no one would be there but the guys that got paid a lott of money to pass it? does no one else see this?
If foreign currency inflow soars, Central Bank can do nothing to maintain REER? Even when Central Bank buys all the inflow to keep nominal exchange rate, that leads to an increase in local currency money supply => inflation happens => Real Effective Exchange Rate still rises. So, there are no ways to keep REER? Export depends wholly on REER (not the nominal)? So, export will definitely drop?
How can a Statisticians solve the problem of fake or counterfeit note of Central Bank of Nigeria? How can a Statisticians solve the problem of fake or counterfeit note of Central Bank of Nigeria
Somebody in simple term explain to me what is a central bank and where do they get their mone from? somebody explain in simple terms please. what is a central bank , what is their functions and where do they get money from. please explain simply as possible
Why were Americans reluctant to create a central bank, as Hamilton propose, after the American Revolution? Why were Americans reluctant to create a central bank, as Hamilton propose, after the American Revolution?
What happens if the central bank permits too many banks in a country? if a central bank of a country allows too many commercial banks and other financial institutions to open in the country wat will be the negative effect in the country economy and stock market??
How the central bank can increase the money supply? How the central bank can increase the money supply? Thanks a LOOOOOOOOOOT!!!!!
I have opportunity to take a master degree free or work in the central bank.What should i choose? I like the environment in campus and i really interest about the major offered there..But i wont have earnings like i get now..(i used to be working and having my own money this 2 year)..and Working in central bank is a dream for a lot of people because i will get financial assurance for ur future..but it will be hard..i have to move out of the city..and the environment may be not comfortable. These two choice come in the same time and wont be second chance..what should i choose?
What will happen if the Central Bank of a Nation starts printing excess bank / currency notes? if central banks start minting more and more currency notes and overflow the market with funds, how shall it impact a country's economy ? Is it a total no no, or is it a requisite at times ?
Can World Currency, run by a World Government and World Central Bank work? I always wondered this? I know the Euros didn't work because the countries within the Eurozone printed the money, instead of EU Central Bank. What if a world currency was printed by Central bank of a World Government? Can it work? What I'm asking s World Government and World Central bank work and Single World Currency work?
What is the role of Eurozone central banks such as Bank of Portugal and the Bundesbank? If the ECB conducts monetary policy and prints money then what duties do the individual central banks perform? Are they a lender of last resort? Individual means individual country. So each of the Eurozone countries has an individual central bank e.g. the Bundesbank in Germany.
What do you think of this Andrew Jackson quote regarding his veto of a central bank? A central bank is basically what the Federal Reserve is in the present day. "It is to be regretted that the rich and powerful too often bend the acts of government to their selfish purposes. Distinctions in society will always exist under every just government. Equality of talents, of education, or of wealth can not be produced by human institutions. In the full enjoyment of the gifts of Heaven and the fruits of superior industry, economy, and virtue, every man is equally entitled to protection by law; but when the laws undertake to add to these natural and just advantages artificial distinctions, to grant titles, gratuities, and exclusive privileges, to make the rich richer and the potent more powerful, the humble members of society the farmers, mechanics, and laborers who have neither the time nor the means of securing like favors to themselves, have a right to complain of the injustice of their Government. There are no necessary evils in government. Its evils exist only in its abuses. If it would confine itself to equal protection, and, as Heaven does its rains, shower its favors alike on the high and the low, the rich and the poor, it would be an unqualified blessing. In the act before me there seems to be a wide and unnecessary departure from these just principles." -- Andrew Jackson on the VETO OF THE RENEWAL OF THE SECOND BANK OF THE U.S. DAR.............much thanks...........LUV the quote. Republicrat.........much thanx, didn't think you'de mind :)
So presumably Libya wil "need" to have a privately owned central bank just as Iraq and Afghanistan did? Presumably, once Gadaffi has been defeated, one of the first priorities will be to set up a privately owned central bank? Just like we did in Iraq and Afghanistan. The bank of Libya was publicly owned, but obviously not for much longer. And who will own these PRIVATELY owned central banks? Are there any other countries we need to invade to give them a privately owned central bank?
What is the address of the Central Bank of Senegal? Tell me the address of the Central Bank of Senegal.
How does a Central Bank , "stimulate the economy by injecting cash into system"...? What does it mean when the news says the Japanese Central Bank has put $ billions into the economy...? They can drop interest rates I know but what else do they do ..?
Can you have a fiat currency without a central bank? Currently the United States dollar, and (as far as I know) the rest of the world's currencies are fiat, that is there are no commodities (gold) supporting the value of the money system. This system is enforced by the Federal Reserve System in the United States, as well as by the other central banks in other countries, who are charged with maintaining monitary stability. They, however, do not seem very well equiped to do so, as can be attested to by all the problems created in the economy by their bad policies (for instance the current "housing crisis" that was caused by the Fed keeping interest rates too low for too long post 9/11). I believe a market based solution would be a better way of insuring monitary stability, however, I can see no way to do this with our current fiat currency. I believe it would be possible to do so with a commodity based currency, however, to do so would require deflating the dollar enough to a point that the USA would be destitute. So, does anybody know if it is possible to eliminate the Federal Reserve, and let market forces determine interest rates, without returing to the gold standard, which would impoverish us? OPM - What do you mean the Fed dosen't control interest rates? Perhaps control isn't the correct word, as they don't send out a memo to all consumer banks saying "effective immediately, all mortgage interest rates are now at 6 a half percent"... or something like that... but isn't that exactly what they are trying to do indirectly via setting the Fed funds rate, through their open market activities, and by setting the reserve requirement? And as for the current housing market issue, do you not think the sub-prime market wasn't expanded by the fact that money was avaliable on the cheap due to the Fed increasing liquidity in the post 9/11 recession? I remember all the ads at the time "...interest rates are at an all time low, come in and see how we can get you into an ARM and save you hundreds on your mortgage" or "...refinance your credit card debts". These low interest rated did encourage people who otherwise could not afford to buy homes and other big ticket items to purchase sed items... typically on adjustable rate loans, which was quite unwise (as adjustable rate loans are designed for high interest rate situations)... I'm just thinking that if the commercial lenders weren't flush with cash from the federal reserve they may have been a little more cautious about their lending policies, and wouldn't have pushed these bad loans on so many people...
Who runs the federal reserve and the bank of england, and every other central bank in the world? It is the central banks of the world that loan money to the governments at interest, so who personally is making money from the government and nations debt, and in turn essentially controlling the world?
a little question concerning the federal reserve bank and the European central bank :)? what are positive, negative, and neutral aspects of both european central bank and the federal reserve bank of america. please explain, i don't mean to waste your time, but this would help! thanks soo much.
Potential reasons for using game theory to model the conduct of monetary policy by an independent central bank? Game theory can be used to model the choices made in fiscal and monetary policy. But what are the pros and cons of using game theory to the model the conduct of monetary policy by an independent central bank?
I understand why currency was a liability for a central bank fifty years ago, but why is it now a liablity? It was a liability since ppl could bring currency and demand gold or silver in its place. But, now, the only thing that could be asked of a central bank is to exchange fiat currency for ... fiat currency. So, why is it a liability?
Why does the government need a central bank?? I'm trying to understand this concept. Why doesn't the government just control the money directly. And can't the central bank then call the shots on our economy anytime? Meaning they can start recessions at anytime they want or alter the old greenback as they please?
Why the hell do we have a central bank? The Constitution clearly says Congress is in charge of money. All the central bank does is create debt, debt and more debt.
Where does the european central bank get its money from? hi...Ive just read that the european central bank has injected 155billion euros (212 us dollars) into the euro market, what i would like to know is where did they get that money from? Did they just make it up? thankyou Dan
Describe the role of the central bank in fighting inflation? In fighting inflation, what role exactly is the central bank playing. or what are they doing to reduce inflation?
Is the risk free rate of return on a given market equal to the central bank of that country? I am currently doing a project on mergers and acquistions, i have to reference a risk free rate for the FTSE 100, would it be correct to assume that the rate of return of investing in the central bank of england aka the bank rate is the markets fisk free rate (rf) Any advice or direction would be greatly appreciated
Why don't mainstream economists ever blame the Central Bank? They always blame capitalism. Do Keynesians think the government and the central bank are always right? Are Bernanke or Greenspan that wise?
What benefits do note-issuing banks (commercial ones, not Central Bank) get ? In some countries banknote-issuing banks are responsible for putting aside foreign currency (used to be gold, now it's more like to be US dollar, Euro, Japanese Yen) with the central of banks of their respective countries as deposits when they issue money. As these banks are not creating money by issuing banknotes, can anyone please tell me what benefits do these banknotes-issuing banks get, apart from the publicity they get by having their names printed on the banknotes and that they are being trusted by the local governments ?
Could somebody explain the big significance in the fed or central bank lowering interest rates or not? IS this news overhyped? I have yet to understand why this is such a big indicator in how good the economy will be. I understand that the central bank loans money to other banks and by them lowering it or raising it gives the loaner banks a little more incentive or not to lend more money out , but is this really that big of a deal to how much money is in the economy? And also they talk about it like it is opening a water faucet or something? Where does all the money go that is already currently in the economy? Does it just evaporate or something?
If a central bank had to give ups its discretion and follow a rule that required it to keep inflation low,? If a central bank had to give ups its discretion and follow a rule that required it to keep inflation low, A. the short-run Phillips curve would shift up. B. the short-run Phillips curve would shift down. C. the long-run Phillips curve would shift right. D. the long-run Phillips curve would shift left.
how can i make possible e-reservation in indian railways network with the debit card of central bank of india? can somebody tell me how can i make possible E-reservation in indian railways network with the help of central bank of india debit card? Is there any bank which is connected with the central bank? If yes then tell me which bank is connected with central bank of india?
Why do you think recessions were longer and more frequent in the absence of a central bank? DAR: check the link yourself. The Central Bank was abolished under Jackson and reinstated under Woodrow. http://en.wikipedia.org/wiki/List_of_recessions_in_the_United_States And why do you think the Founding Fathers themselves established a national bank? http://en.wikipedia.org/wiki/Bank_of_North_America
I like to know if the US Government or the Central Bank of USA has minted a 1 million dollar? I like to know if the US Government or the Central Bank of USA has minted a 1 million dollar in a single paper bill. I want to know if my1 million dollar bill is considered as legal tender or if its for real? And lastly I want to know if I can actually deposit this money to my bank account in the Philippines.
When a country borrows from the IMF; is the Central Bank that borrows or the Government? Borrowing from the IMF is normally when a country experiences balance of payment problems. Therefore is it not the responsibility of the Central Bank (CB)? in which case the CB would borrow and repay from any future foreign exchange holdings. Or does the Government undertake this borrowing on the CBs behalf? in which case the debt would be repaid by the public and domestic currency exchanged for any CB holdings of foreign exchange. In either case the economy would have to directed towards incresing the level of exports / reducing imports. Just wanted to know how this operation actually takes place, the interaction between the two balance sheets (CB and Government), where the liability is held and how it is paid back. Any economics experts out there?
What is the complete address and telephone numbers of the Central Bank of the Philippines' minting plant? Central Bank of the Philippines minting plant in Quezon City's exact address and telephone
How you found Abu Dhabi Central Bank's financial injection against 10 bn Dubai World debt? I would like to get the opinion, was that the only solution for Dubai World. Do you think that AD Central Bank got into more problems with this act How do you feel
Should monetary policy be made by an independent central bank? Monetary policy has a lasting effect in Canad? Should monetary policy be made by an independent central bank? Monetary policy has a lasting effect in Canada, but members of the Bank of Canada's Governing Council are not held directly accountable to elected officials or to the public. The following questions address the costs and benefits of central bank independence. 2.1. Wilson is an economist who favours an independent central bank. He would likely emphasize which of the following arguments? A. There is a negative correlation between central bank independence and inflation rates. B. The public and elected officials should have a say in the conduct of monetary policy. C. An independent central bank eliminates the short-run tradeoff between unemployment and inflation. D. Direct accountability is the first priority of every government institution.
deposits with central bank included in required ratio? Do deposits that commercial banks made with the central bank count towards their reserve requirements? For example, say the reserve requirement is 0.2; the commercial bank has 100 000 in assets, 15 000 on deposit with the central bank, and is holding 5000 in cash. Does this indicate that the bank is holding the required amounts of reserves (is the 15 000 counted with respect to required reserves?)
Why isnt there a central bank clearning house for money? transfers from the Gulf, to any bank in India, any branch? Why only some of the banks have tie ups with some of the banks? Why doesnt India have a central clearing account like cheque clearing? It receives and disburses the money to the appropriate bank appropriate branch in India if sent by anybody in Gulf to India? Federal Reserve is US based. I meant something like Central bank of india to act as intermediary to receive all payments intended for any bank account in India then disburse them appropriately. Currently to send money to a canara bank account in India you need to approach different exchange, same for State Bank - you cannot use the Canara bank exchange to send to State Bank - people scratching the benches of Indian Parliament wasting 100 crores per session do the needful. fast.
How Ironic is it to have Andrew Jackson on a central bank note? When this guys whole presidency was defined by him avoiding two assassination attempts and eventually destroying the central bank of his time....
Is a central bank like the Fed truly necessary? My AP Gov teacher was saying that a central bank is necessary. Who else going to give out loans to struggling banks and they also control interest rates. They are just making Congress's job easier. Zenmeister: Nice response. So are we all agreeing that Alexander "I want a Central Bank" Hamilton was an idiot.
With creation of the new Supreme Court of the UK , do you think a Central Bank for the UK shoudld be created? Now, in a few years the new Supreme court of the United Kingdom will be created, which is some great news and this means the UK's judicial system will de unified, but the UK still needs more union especially in the national currency issue, it would be better and easier for everyone to have bank notes that are valid valid and the same all across the UK with out all that confusion for tourists and all that incovenience for everyone, i im from mexico and i have relatives living in the UK and it is always confusing when we visit glasgow because of currency, and i think a Central Bank of the United Kingdom responsible for issuing Pound Sterling currency will be better so that way a bank note is valid in all parts of the UK with out all that confusion, and i want to know what the british people's opinion have on this issue.
i received an email from the central bank of nigeria stateing i am to receive some cash is this a setup?if so? the email said i am to receive a fund from the central bank of nigeria,for 7,000,000 dollars.they also stated that the fbi had contacted them about this matter and the FBI stated this claim was good.the fbi has not contacted me.they also want me to pay for a transfer fee.if this is not legit, how do i go about reporting it to the propper officials ? the email said i should keep quiet until the transfer was finished.
How did free market capitalism ruin the economy when the U.S. has a central bank? Because f you have a central bank (Federal Reserve) then, technically, you weren't a free market economy to begin with.
What would happen if there is no central bank? Given the bank notes are printed by the government and given evenly among the banks at no interest. The amount of money would stay constant. . The interest would happen only between the lender and the borrower at the market interest rate. . What do you think about this model? Would this work? If you think it wouldn't, give reasons.
what happens after a person has been blacklisted from the central bank because of nonpayment of a credit card? a credit card collector told my friend that he will be blacklisted at the central bank of the philippines coz his credit card is 90 days past due... what will happen to him?.... can he still reapply for another credit card? is there any way that he can do to take his name off from that list?... or is the credit card collector telling the truth that my friend will be blacklisted?
How does the Treasury and Central bank work? Is the Bank of England or the Federal Reserve the government? Who prints the money? Government borrows money from who? Could somebody please explaing to me the relationship between them? Does anyboy understand this well enough to explain this in very simplified terms? Thank you.
if the central bank loans currency with interest is this debt? where does the money come from to pay this so called interest or debt? if its the central bank whats going on hear!!?
How do we have the "stability" of a central bank without concentrating power in the hands of a few? just wondering as the ostensible purpose of the central bank system is security and stability but obviously this concentrates power in the hands of a few whose interests may not be altruistic or long-term in nature. http://video.google.com/videoplay?docid=497251819335380093
Sites that list CENTRAL BANK rate of all the countries in the world ? Most of the websites that I found only list Central Bank rate of major countries such as US, England, Euro, Japan, etc. I need Central Bank rates table of countries in South America, Middle East, Africa and Asia.
Should we replace the Federal Reserve with a Congressional central bank ? My source is the Ludwig Von Mises Institute .No one can tell me that the Federal Reserve is not a private bank .Furthermore ,the people who have criticized me in the past for asking a similar question have only cited the Federal Reserve as their source .People tell me that I am uninformed regarding the Federal Reserve .Those people ought to get a clue !!!!!! Grayshadow said that the Federal Reserve is not a private bank .
How does a central bank control interest rates? Do they impose all banks to loan at most on that rate? Do they loan other banks/the government with that rate? What does it mean?
How the cut in the UK Central bank interest rates is going to help the current economic crisis? I would like to know the positives to this decision ! Though an economic interpretation would be ideal !
How does the government or rather the central bank controls the economy? I believe they do this by two ways: first, they set the reserve requirement; and second, they set the interest rates. If they want to accelerate the economy they lower the interest rates and lower the reserve requirement, which in turn augment the money supply. Am I right?
Do you think the Central bank will drop interest rates on Sept 18 and by how much? How do you think it will affect 30-year mortgage rates. I need to lock my interest rate on or before Sept. 18. Should I do it before Sept. 18 or wait and see what happends on that day. Thank you.
is the US central bank driving down the value of the dollar on purpose? so they can buy those dollars back real cheap, once the rest of the world starts dumping them?
How should the central bank of Ireland react to the current financial situation in the country? Should it raise interest rates to control the growth or reduce it to stimulate further growth? give me reasons why for this action!
Is it good or bad news for monetary fund if central bank raises the interest rate? I mean generally speaking. Plus, in US market what's the general return rate for a monetary fund? Thanks.
Why would any Government agree to pay a central bank interest on money created out of thin air ? Shouldn't the Government print it's own money, instead of borrowing it or paying interest on it ?
Which of the following is not an argument against requiring the central bank to aim for zero inflation? a. Bonds can be indexed for inflation. b. Some economists believe that the social costs of moderate inflation are small. c. The costs of fighting inflation fall heaviest on those least able to afford them. d. Disinflation cannot leave permanent scars on the economy.
How does the German banking system work? Is it a central bank like the FED? How does the system work? What about the rest of the EU? Who controls the creation and distribution of the Euro currency?
Do you agree with the concept of having a central bank? I can't help but feel that all it does is keep us in debt. The "Federal" Reserve is a private business that charges us money, to print money.
Why did the US abandon free market capitalism 100 years ago and install a Central Bank? We were doing just fine, we entered the Industrial Age. Capitalism is based on free market principles mixed with fear. This is no fear currently, this is not a result of capitalism, it is a direct result of government intervention. And a Central Bank should not have total domination of the money supply either or the interest rates, that should be up to the market in capitalism.
Does the buying of bonds lead to inflation necessarily or does it depend on what the Central bank does after? I am speaking of the economy in the US. If people outside of USA (foreigners) buys bonds.
When is the Central Bank of Spain open? Where exactly in Spain is it located? Actually if you have any other information on the bank I could use it for my homework assignment.
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