Paulo Guedes explains: Why does the BC need to be independent? - Instituto Millenium - World Latest Movie, Series, Videos and Trailers | fetery.com

Paulo Guedes explains: Why does the BC need to be independent?

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Instituto Millenium

Published on Mar 6, 2018

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Visit our website: http://www.institutomillenium.org.br/ Learn more about IFL Dialogues: https://ifldialogues.com.br/ The goal must be clear: to ensure the stability of the national currency. For economist and founding member of the Millenium Institute, Paulo Guedes, the Central Bank (BC) needs to operate independently of governments in order to work without political interference that could harm the performance of the economy and, consequently, the purchasing power of Brazilians and the value of savings. To this end, the economist advocates a four-year term for the president of the institution, not coinciding with the term of office of the head of the Executive branch, responsible for the nomination. Connect with Imil Facebook: / imillenium Twitter: / instmillenium Instagram: / milleniuminstituto

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