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Until the 19th and mid-20th centuries, economic theory explained that the economic status of a country was represented by the strength of its currency. This strength is measured by the exchange rate of one currency vis-á-vis another currency, a “zero-sum” game in which one currency gains...
Persistent link: https://www.econbiz.de/10005789886
On December 3, 2015, Mario Draghi, President European Central Bank (ECB), claims: “we are doing more because it works, not because it fails.” Really true or not?To help assess and further promote the very basics of money calculus, as well as an impetus to improve the actions taken by...
Persistent link: https://www.econbiz.de/10013002770
Bitcoin has enabled competition between digital cryptocurrencies and traditional legal tender fiat currencies. Despite rapidly increasing acceptance, so far the affirmation of cryptocurrency as better money has been thwarted by dramatic deflationary price instability. Successful at disposing of...
Persistent link: https://www.econbiz.de/10013006540
Today, India is the second fastest-growing economy in the world and the real estate sector is one of the most globally recognized sectors in India. The real estate market is expected to touch US$ 180 billion by 2020. Important is that Indian government is also after converting black money of...
Persistent link: https://www.econbiz.de/10012950684
Following the emergence of the global pandemic caused by COVID-19, governments have begun the process of stabilizing the shocks caused by the pandemic through macroeconomic policy id Est through fiscal policy and monetary policy. That is why it is a modern, new, and relevant topic for study....
Persistent link: https://www.econbiz.de/10013223725
The main focus of the present paper is to analyze the impacts of financial policy on inflation rates. The analysis depended on time series data and was divided into theoretical and applied analytical framework. An econometric model was utilized to reflect the relations between financial policy...
Persistent link: https://www.econbiz.de/10013107752
One of the oldest and most widely accepted opinions say that money is a major determinant of price changes and economic activity. Therefore, by controlling the money supply, the central bank can control inflation. In other words, an increase in money supply, increased liquidity in the economy...
Persistent link: https://www.econbiz.de/10013156198
This Article focuses on the U.S. Federal Reserve's controversial practice of loaning U.S. dollars to foreign central banks, which the foreign central banks then turn around and loan to institutions in their jurisdictions. The Federal Reserve does not know the identity of these recipient...
Persistent link: https://www.econbiz.de/10013085933
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