I was watching this week's edition of the Week in Politics where the governor of the Irish Central Bank, Patrick Honohan, was being interviewed and a couple of question sprung up in my head:
What does Central Bank Independence actually entail?
What is the rationale behind Central Bank independence?
And if any poster is against Central Bank Independence then why are you against it?
*Also could the mods correct my title it should have been 'why do central banks have to be independent?'