1.Ending Hyperinflations and the Independence of Central Banks. Why is it important to create an independent central bank, one that is not subservient to the rest of the government, in order to stop a...

1.Ending Hyperinflations and the Independence of Central Banks. Why is it important to create an independent central bank, one that is not subservient to the rest of the government, in order to stop a hyperinflation? (Related to Application 3 on page 366.)

2. Hyperinflation and Barter. Some economists and journalists noticed that during the recent hyperinflation in Zimbabwe that the economy was turning to a barter economy. Why do you think this would occur? (Related to Application 3 on page 366.)