Hey, can someone explain what a central bank actually does? I hear about them all the time in economic news, but I’m not totally clear on their role—especially how they impact things like inflation or crypto.
Sure! Central banks (like the Fed in the U.S. or the ECB in Europe) manage a country’s money supply, set interest rates, and aim to keep the economy stable. They’re super influential—their policies affect everything from inflation and jobs to the value of currencies (including crypto!). I found this really clear breakdown paybis.com/blog/glossary/central-bank/ . It explains how they work, why they matter, and even touches on their evolving role in the digital currency space.
