Stage 8　Topics for Discussion

Work in pairs or small groups.Discuss the following questions:

1.Do you agree that the central bank should be independent of the government?Why or why not?

2.Suppose you were the governor of a central bank.How would you tackle the following problems:1)economic downturn coupled with rising inflation and unemployment,2)domestic housing market bubble,and 3)the domestic currency rising in international value but devalued at home?

3.What is your view on the money-printing function of the central bank?