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In 2008, the world’s financial systems were in disarray. Depending on who you asked, there was always a different cause—predatory lending, artificially low interest rates, or maybe speculators. However, everyone knew it had something to do with the banks. Many went further and attributed the global economic situation to the banks’ banks: central banks. These are institutions which control the supply of money for a specific currency. In America, this is done by the Federal Reserve, which uses manipulation of interest rates to influence markets and regulate the value of the US dollar.
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