Ethics in International Affairs and Double Standards Essay
Today, ethics plays an important part in international affairs but often ethics is the tool of manipulation with the public opinion used by different countries and the UN. In this regard, it is possible to refer to the military conflict in Iraq and the case of genocide in Darfur. On the one hand, the US […]
INFLATION AND MONETARY POLICY Essay
One of the main economic concerns in the national and global economy is inflation. Generally speaking, inflation is the increase of prices for all goods and services during a given period of time. Consumer Price Index (CPI) is commonly considered as a measure of inflation (Mysmp.com, 2010). This index reflects the increase or decrease of […]
THE INTERNATIONAL FINANCIAL SYSTEM Essay
George Soros is one of the most renowned financiers in the world, whose actions are highly controversial because, on the one hand, he may be considered a genius financier, who has profound knowledge of financial and, especially, international currency markets, whereas, on the other hand, his successes may be considered as mere luck. In fact, […]
International currency markets Essay
International currency markets are subject to interest of investors and financiers, who attempt to maximize their profits due to the difference in the exchange rate and changes in exchange rates. In this regard, George Soros was one of the most successful financiers, whose profits rely heavily on his investments in different currencies and using the […]
Inflation and Monetary Policy Essay
The inflation rate affects consistently not only the development of the national economy as well as the global economy but also the inflation rate affects average citizens. In this regard, the high inflation rate is particularly dangerous for average citizens because it prevents them from many purchases and raises the problem of the devaluation of […]
THE ROLE OF MONEY Essay
In actuality, electronic transactions become more and more popular. As a result, the prospect of the replacement of the paper money by electronic money becomes highly probably. On the other hand, many people are still confident in the paper money and they consider the paper money more reliable than electronic money. This is why the […]
FEDERAL RESERVE SYSTEM, INTEREST RATES AND MONEY SUPPLY Essay
Bernanke is a highly controversial figure. On the one hand, he is considered to be one of the most successful chairmen of the Fed and leading economists, whereas, on the other hand, he has been severely criticized since the beginning of the economic recession in the US. In such a context, the re-appointment at the […]
FEDERAL RESERVE REGULATIONS IN BANKING Essay
The current regulatory policy of the US government in relation to American banks aims at the protection of banks’ interests above all and minimization of the risk of downfall of largest banks in the country. In such a situation, interests of average customers of banks seem to be of little importance for the government. Existing […]
