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The European Central Bank (ECB)
Tasks and Functions
Central banks, which are also referred to as banks of issue, have a controlling function in the monetary economy. They are responsible for stabilising price levels. This means that they are supposed to ensure that the goods we purchase will have a roughly similar price in the future. This control is exercised via the amount of money the central bank gives to commercial banks. Thus, central banks are banks for banks.
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Blogging
The weblog or blog, for short, as a medium is not much older than this century. Blogs came into being in the World Wide Web as ’messages from below’, as web pages from web creators who wanted to share their view of the world with the world. They are short notes, long texts, pictures, videos, which are posted loosely and at random intervals to the world for an undefined public.