The lender of last resort is the World Bank. When a country… The lender of last resort is the World Bank. When a country runs out reserve currency, it can request a loan from them. Read Details
The WTO and IMF investigated China and found evidence of cur… The WTO and IMF investigated China and found evidence of currency manipulation. This acted to fuel the trade war between the nations. Read Details
Small countries might choose to fix or peg their exchange ra… Small countries might choose to fix or peg their exchange rates because this increases stability and allows them to trade in an internationally accepted currency. Read Details
Money supply is the amount of money in circulation in an eco… Money supply is the amount of money in circulation in an economy. Read Details
In 2008 a credit crisis spread across the world to Europe. T… In 2008 a credit crisis spread across the world to Europe. This crisis started in Asia. Read Details
The government sets its own artificial exchange rates in Bur… The government sets its own artificial exchange rates in Burma. They make the Burmese currency more valuable than it really is in the marketplace. Read Details
One video suggested that Greece had been lying about its deb… One video suggested that Greece had been lying about its debt level to make itself look better off financially than it actually was. Read Details
In the Quantity Theory of Money equation, “V” captures the l… In the Quantity Theory of Money equation, “V” captures the level of the money supply. Read Details
When the Fed increases the reserve requirements for banks, i… When the Fed increases the reserve requirements for banks, it is decreasing the money supply. Read Details