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  • The role of a central bank
    Economics

    Why Do Central Banks Exist?

    In the autumn of 1907, a failed attempt to corner the market in copper stock triggered a chain reaction that nearly brought down the American financial system. A…

  • The Fed shaping the global economy
    Economics

    Why the Federal Reserve Moves the Global Economy

    The Meeting Nobody Voted For Twelve people sit around a table in Washington, D.C., roughly eight times a year. None of them were elected. Most of the world…

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