What is a Central Bank? | Back to Basics

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  • čas přidán 3. 03. 2023
  • What exactly do central banks do? F&D’s latest Back to Basics video explains what some of their responsibilities are, and why they matter.
    Read more:
    www.imf.org/fandd
    Watch more Back to Basics videos:
    • Back to Basics

Komentáře • 60

  • @asaromsonarenpajas8199
    @asaromsonarenpajas8199 Před rokem +49

    A centralbank is the biggest villain in human history

  • @gonebamboo4116
    @gonebamboo4116 Před rokem +16

    Why are central banks buying gold like crazy?

    • @unknownentity9921
      @unknownentity9921 Před 4 měsíci

      Because it has the sole right to issue note and to issue note it has to deposit 50% foreign currency and 50% valuable items like gold

  • @bhsiwh7373
    @bhsiwh7373 Před rokem +14

    Apparently my definition of 'stability' is different from that of Central Banks...

    • @tomuchoneless
      @tomuchoneless Před 8 měsíci

      Hey, I'm just trying to get back to a Local Bank. After run in with scammers?

  • @gonebamboo4116
    @gonebamboo4116 Před rokem +14

    What is wrong with interest rates set by a free market?

    • @gonebamboo4116
      @gonebamboo4116 Před rokem +3

      The public would know the truth about financial risk.

  • @gonebamboo4116
    @gonebamboo4116 Před rokem +10

    Explain how interest rates are "set" by central banks; creating inflationary 'money' from nothing to buy government bonds.

    • @NazriB
      @NazriB Před rokem +1

      Lies again? Miami Birds Green Pink

    • @ran9080
      @ran9080 Před 9 dny

      Visualize a golden light emanating from your heart and filling your whole space. Feel this inner love comforting and completing you. This lifts you up into the realm of unconditional, naturally flowing love-and high-vibrational, mutually loving relationships. Try it! I would love to see you happier than you ever thought possible.
      XOXO
      The Universe

  • @bjornlandia892
    @bjornlandia892 Před rokem +5

    Do you mean keeping prices stabiley Increasing?

    • @lastofthebest5102
      @lastofthebest5102 Před rokem +3

      It's ok, they only want your full faith and credit forever...slave.

  • @shintapratandari6428
    @shintapratandari6428 Před rokem +2

    can the national debt be paid off? by printing a lot of money, fictitious profits for state enterprises, fictitious tax profits, if printing too much currency can be done, buying other countries' natural resources, providing debt loans to other countries, distributing money to state companies in other countries, conduct research
    then for international workers such as those working at who, imf, world bank, wto, unhcr etc. their salaries are paid in which currency, so it becomes power or the need for that currency

  • @luisflores2962
    @luisflores2962 Před 9 měsíci +1

    What about printing money?

  • @brutesque
    @brutesque Před rokem +8

    What a joke

  • @originalunoriginal4055
    @originalunoriginal4055 Před 6 měsíci

    It was a great idea that you raised the audio sound of your voice each time a new animation popped up and started doing it's thing, which consisted of some sounds emitting from the animation fixtures.
    So I totally get why you voice sound went up, during those times. 👏🙂👍
    And were you up for making this video?
    By the sound of your voice, it didn't sound very upbeat. Lacked energy. And kind of sounded too robotic.
    Must've been the editing guy, just applied too much percentage 📶on the "make voice audio sound robotic"
    🗣️(🤖🤖)📶🔉🔊🔊
    (Hey bro, no hate! Just providing some constructive feedback 😬✌️✌️)

  • @afs29488
    @afs29488 Před rokem

    what if the presentation of a short video of a new design for a new creation in the minds of people likes to fight and the amount gives a great impact for the enlightenment of the value enough to give wisdom.

  • @jserafin04
    @jserafin04 Před 10 dny

    Can someone enlighten me about the current policy rate at 5% then theres a central bank rate at 4.75% what are these two different?

  • @mkultra48.lordoflight
    @mkultra48.lordoflight Před rokem +3

    All your money will fall to price of tin

  • @mkultra48.lordoflight

    Look use a biometric face thing to access ur money instead of chips and phones left thumb print instread of the right and it can also boost stocks and future securities. And provide a way for universal system credits to be transfered into cash .

    • @gonebamboo4116
      @gonebamboo4116 Před rokem

      Yes, take the mark of the beast and all your debt will be forgiven

  • @vincentjacobsson3981
    @vincentjacobsson3981 Před rokem +1

    I think that the governor of the central bank and the bank’s relationship with the king may be about a class society with the lending of the king's money in exchange e.g. bank interest and that this should be investigated by a new state.

  • @Fundamental_Islam.
    @Fundamental_Islam. Před rokem +2

    “Those who consume usury will stand ˹on Judgment Day˺ like those driven to madness by Satan’s touch. That is because they say, “Trade is no different than usury.” But Allah has permitted trading and forbidden usury. Whoever refrains-after having received warning from their Lord-may keep their previous gains, and their case is left to Allah. As for those who persist, it is they who will be the residents of the Fire. They will be there forever.” ( Quran 2:275 )

    • @gonebamboo4116
      @gonebamboo4116 Před rokem

      Charging interest on money created from nothing just ain't right!

  • @willlagergaming8089
    @willlagergaming8089 Před 5 dny

    Just realize that the video was made by IMF when he said "here at the IMF"

  • @serious9432
    @serious9432 Před 2 měsíci

    they are goverment owned "pseudo" banks, the digital money serves to enhance you to put your money into their central bank. But central banks can get into trouble too, for example turkey were central bank had to raise interest rates 50 % due to inflation and lost in one year 23 billion

  • @user-ft3vx3ds6t
    @user-ft3vx3ds6t Před 4 měsíci

    How should the central bank work in Russia? The main functions and responsibilities of the Central Bank of Russia include: 1. Issuing and regulating the exchange rate. The exclusive right of the organization in relation to currency and its circulation belongs to the Central Bank of Russia. 2. Maintaining price stability. The Bank monitors inflation and ensures the stability of the Russian ruble. 3. Regulation of the banking industry: The bank makes rules and regulations for banking operations and settlement of payments. 4. Performing the functions of a latest model platform: The bank provides liquidity that ensures stability during a financial crisis. 5. Management of foreign exchange reserves. The Bank is responsible for managing and regulating Russia's foreign exchange reserves. 6. Conducting economic analysis. The Bank prepares various analyses, reports and forecasts regarding the Russian economy and its monetary policy. The Central Bank of Russia operates independently of federal government bodies, regional government bodies and local self-government. Its independence is reflected in the Constitution of the Russian Federation and the Federal Law “On the Central Bank of the Russian Federation (Bank of Russia)”.

  • @buddyboy7823
    @buddyboy7823 Před rokem

    Life is a game

  • @TEACHERLEE163
    @TEACHERLEE163 Před rokem

    I am studying 🎉

  • @gonebamboo4116
    @gonebamboo4116 Před 11 měsíci

    Price stability
    1920 gold $20 ounce
    Today, gold ?

  • @coldflu
    @coldflu Před 7 měsíci

    I imagine if earth were to reset from zero, we would all spend all of our time initially building a debt monetary system before we produce any real wealth.

  • @MehesaWongAteleng
    @MehesaWongAteleng Před rokem

    Oligard Made by USA dan western

  • @mollallamaru4101
    @mollallamaru4101 Před 20 dny

    Where are you from? Mars! Since when did Central banks become part of government. The first central bank is Bank of England founded around 1698. It's is 100% private. Currently the other most influential central bank is the Federal Reserve Bank which also is 100% private. Just like these most central banks in the developed world "Europe, USA, and Canada" are private.
    Central banks had never and will never have the interest of the people.

  • @desertapparels
    @desertapparels Před 2 měsíci +1

    Theft explained by a robber.

  • @Khorvalar
    @Khorvalar Před 2 měsíci

    Jesus taught us that charging interest on loans is wrong, yet it's what our entire modern economy is based on. No wonder everything is falling apart.

  • @Thefaceoftheword
    @Thefaceoftheword Před rokem

    Chains will start making their way down from the abyss these chains will ensnare all the malicious actors partakers from the top to the bottom to their little sheep they will chained up to their sins and their predecessors

  • @Thefaceoftheword
    @Thefaceoftheword Před rokem

    All currency will abide and adhere to justice of all the universe and laws I will now place the scales of justice over the main central bank setting off one the strongest judgements God has handed down

  • @osmanmiah8945
    @osmanmiah8945 Před 6 měsíci

    Bangladesh

  • @serenamcw
    @serenamcw Před 3 měsíci

    W

  • @tacticalbusdriver6630
    @tacticalbusdriver6630 Před 6 měsíci

    So why did Thomas Jefferson & Andrew Jackson’s hate central bank ?

    • @Khorvalar
      @Khorvalar Před 2 měsíci

      Simple really, by charging interest on the money they lend out they are transferring wealth from the poor to the rich. Unfortunately most of the poor borrowers don't see how much of a problem this is because they get something they want right now (like a house, for example) making them feel richer than they actually are. If this continues then the rich will get richer while the poor get poorer and the poor won't see the problem until it's too late.

  • @vincentjacobsson3981
    @vincentjacobsson3981 Před rokem

    I think the king's relationship with Jesus may be about the people just borrowing the king’s money with the misleading parties.

  • @MaxStArlyn
    @MaxStArlyn Před měsícem

    1:06 LIES….

  • @gonebamboo4116
    @gonebamboo4116 Před rokem +2

    Answer:
    Number five on the communist manifesto.

  • @abramjones9091
    @abramjones9091 Před 10 měsíci

    Who wrote this, a 16 year old?