As world war two was coming to a close the victors, or apparent victors at that time, we busily recrafting the the entire economic world. While this has proved to be of great benefit to the United States and Great Britain, the rest of the world stil bears the burden of this agreement. Don’t understand? […]
Placing limits on greenhouse gases sounds like an ideal situation to even the most wishy washy environmentalist. In a perfect world we could all hold hands, reduce our emmisions to zero and sing happy songs. In the real world however consessions have to be made and the consessions written into the Kyoto Accord may have […]
Crafty traders will leave no stone unturned when it comes to making a quick buck and no place is this more evident than in “The Carry Trade”. The concept sounds quite smart and potentially simple, borrow money in Yen at 2% and invest it into a safe currency paying out 5%. What happens however when […]
The Federal Reserve Bank produces a series of numbers every month to define the amount of money in circulation. One set of numbers however does not give us the complete picture, for that we need three, M1, M2 and M3. Each calculation divuldges a larger segment of the overall money supply. Find out what they […]
What is the International Monetery Fund (IMF), how does it work and who does it benefit? These are the questons discussed in this podcast. Additionally we will investigate another type of currency called “Special Drawing Rights” and how they work.
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When you think “World Bank” you might envision a bank so large that is can provide service to the entire world, the bank of all banks so to speak. In a matter of speaking this may in fact be true of the World Bank as it serves as a bank intent on servicing loans to […]
The World Trade Organization is in charge of regulating trade and tariffs on a worldwide basis. As the replacement for the earlier General Agreement on Tariffs and Trade (GATT) it regulates the economies of the world. Unlike the earlier GATT agreement however it is very much focused on Free Trade and the increased power of […]
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