Source: Students for Liberty
by Oscar Mario Tomianovic Parada
“Central bank independence has become one of the basic benchmarks of any liberal democracy today. The notion of separating decisions on monetary policy from the hands of elected politicians is relatively recent. Yet it has spread so widely that we now tend to take it for granted. This widespread acceptance, however, leaves several important questions unanswered: what exactly is central bank independence, and why does it truly matter?” (05/11/26)