Nate Hagens might define a 'central bank' as follows: A central bank, in Nate Hagens' perspective, is a sophisticated institution at the core of the financial system tasked with managing a nation's currency, money supply, and interest rates. This entity serves as the government's banker, regulates the commercial banking sector, and plays a pivotal role in monetary policy to ensure economic stability. Central banks endeavor to balance the often conflicting goals of fostering economic growth, maintaining low inflation, and ensuring financial stability. Underlying this mandate, Hagens might note, is the broader context of energy flows and resource limitations, emphasizing that the central bank's policies are instruments within a finite system governed by natural laws and human behavioral patterns.

See also: federal reserve, financial system, economic system, economic growth