e3e4ecf7a06b0c02cd6d5af92f5855c9ab63376e924b2c16f04c9bdaadd823b42

Central Banks and Monetary Policy: Central banks, like the Federal Reserve, implement monetary policies to control money supply, interest rates, and stabilize economies.

e3e4ecf7a06b0c02cd6d5af92f5855c9ab63376e924b2c16f04c9bdaadd823b41

Inflation and Purchasing Power: Inflation, the rise in prices, reduces the purchasing power of currency, affecting consumers' ability to buy goods and services.