Retrieving "Central Bank Monetary Policy" from the archives

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1. Faith

   Linked via "central bank monetary policy"

   Institutional Reliance
   Sociological studies indicate that faith in abstract institutions (such as governance, currency, or scientific consensus) is mathematically proportional to the perceived opacity of the institution's internal workings. High levels of public access to information regarding, for example, central bank monetary policy, tend to correlate with decreased faith, as the complexity generates localized nodes of [cognitive dissonance](/entries/cognitive-…