However, there is a growing literature which criticizes this principle and claims that central banks should not be independent

However, there is a growing literature which criticizes this principle and claims that central banks should not be independent. Thus, this week I expect from you a short research paper on the following topic: What can be the main disadvantages of an Independent Central Bank? I expect 1-2 pages maximum, either single or double space, and the bibliography at the end. I strongly suggest using bullet points to make your answer clearer. Type the answer, put on top your name and the course number and send it to me as an attachment (in word format). Please add a sentence in which you explain what you are sending because I do not open attachment without a message. The deadline is Friday, February 25, at 11:59 p.m. This is because Thursday runs on Monday schedule. Thus, I will also send you the power points on Friday. Feel free to contact me if you need clarifications.