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Economy

What is a central bank?

A central bank is a financial institution that manages the monetary policy and currency supply of a country or group of countries. It is typically responsible for maintaining stability in the…
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Minstrel cycles

1. Are there Minstrel cycles in the US economy? Mitchell's substitution of Minstrel cycles for "business cycles". The deep economic crisis and depression that engulfed the world economy in 2008-2012…
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