The autonomy of modern central banks means that governments cannot increase their spending by:

Question

Quizplus · Accepted Answer

The autonomy of modern central banks means that governments cannot directly control the money supply, including the printing of money, to finance their spending. This is because central banks, which are responsible for issuing currency, operate independently to ensure monetary policy is focused on long-term economic health rather than short-term political needs.

The Autonomy of Modern Central Banks Means That Governments Cannot