
Central Banks. This dates all the way back to 1791 with the charter of The Bank of the United States, our country’s first central bank. What is a central bank? According to Wikipedia, “A central bank, reserve bank, or monetary authority is an institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base in the state, and usually also prints the national currency,[1] which usually serves as the state’s legal tender. Central banks also act as a “lender of last resort” to the banking sector during times of financial crisis. Most central banks usually also have supervisory and regulatory powers to ensure the solvency of member institutions, prevent bank runs, and prevent reckless or fraudulent behavior by member banks.” Here is how to win: https://www.wealthdynamx.com/wealth-d… Jerry Fetta is a husband, son of Yahweh, Entrepreneur and owner of 5 privately held businesses. Jerry lives in Alaska with his wife and 2 dogs. His no-nonsense approach to business, finances, and life speaks truth and provides clarity to his clients and followers. His personal mission in life is to empower millions of leaders to own their God-given, ultimate potential https://www.wealthdynamx.com/ https://www.facebook.com/WealthXPro/ https://www.linkedin.com/in/jerry-fet… https://www.instagram.com/jerryfetta/ https://plus.google.com/u/0/105293536… https://medium.com/@wealthx https://steemit.com/@jerryfetta https://www.youtube.com/channel/UCsGC…
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