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      Cover image for Federal Central Banks: A Comparison of the US Federal Reserve and the European Central Bank
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      Federal Central Banks: A Comparison of the US Federal Reserve and the European Central Bank

      Sam Whimster,Michael Lloyd,Viara Bojkova

      The establishment and impact of central banks in federal and confederal political systems is evaluated. Favoring monetary policy acts to the detriment of regional diversity. Antiquated Wicksellian belief that interest…

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