Economics The System of the World

This subset of notes aims to supplement my understanding of the financial systems that govern the Western world.

This is currently at the early stages of development. Will reorg later when a pattern emerges.

Central Banks

What do central banks do? This question can be answered by:

  1. Exploring the economic problems that occur without them.
  2. Investigating the tools such banks use to stave them off.

Central banks more or less exist as a response to regular bank failures (research: what does a regular bank do?) and economic crises. I ultimately want to answer the pressing (in 2025) question:

Notes in further detail. What happens when the Federal Reserve cannot maneuver?