(ECONOMICS) a financial institution that issues the national currency and administers monetary policy.
For the USA, the central bank is the Federal Reserve System.
In a few cases, the central bank is private, and otherwise similar to a regular commercial bank. In other cases, it is directly controlled by the head of government. In most cases, however, it is a government agency that is shielded from direct control.
OTHER IMPORTANT CENTRAL BANKS
European Union--European Central Bank (ECB).
Japan--Bank of Japan
China--People's Bank of China
United Kingdom--Bank of England
See also the International Monetary Fund and the Bank for International Settlements.
In the USA, as well as many other countries, the Treasury acts as the government's underwriter but the central bank controls the money supply using treasury securities and other forms of hot money. The central bank is usually responsible for managing the currency reserves, including foreign currency reserves, of its government. It also enforces banking laws and operates check clearing.
The BIS acts as a bank to most of the world's central banks.
(w)bankers who enslave each and every person in the country to debt
banksters who rape you and everyone you know up the jacksie
unfortunately, most people know sweet FA about what money is and where it comes from
these scams are usually orchestrated by the likes of the City of London Corporation (the Crown) and the Worshipful Compoany of International (W)Bankers
central banks such as the Federal Reserve AKA the Private Rothschild NO Reserves, the International Monetary Fraud and the (W)Bank for International Settlements