econlife on ‘Money and Monetary Policy’

Governments’ money and credit policies, monetary policy has a direct impact on economic activity and growth. Looking at the past and present, econlife focuses on the role of government through monetary policy, interest rates, the money supply, the Federal Reserve and foreign exchange.

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    The Two Sides of ZIRP

    Aug 23, 10 • 96 Views • Economic Debates, Money and Monetary Policy1 Comment

    Hearing economists discuss the Fed’s zero-interest-rate policy, Harry Truman would again search for a one-handed economist. On the one hand…if you can borrow money cheaply, you are more likely to expand your business and buy a house or a car....

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    Becoming Ben Bernanke

    Aug 8, 10 • 115 Views • Economic Thinkers, Money and Monetary PolicyNo Comments

    This was fun! A 5 minute Federal Reserve simulation lets you target the fed funds rate for 16 hypothetical quarters and then watch the inflation and unemployment impact. It all appears manageable until a surprise news headline appears. The site also links to...

  • Government Rules

    Aug 1, 10 • 128 Views • Businesses, Economic Debates, Households, International Trade and Finance, Money and Monetary Policy, Regulation, Thinking EconomicallyNo Comments

    What is a “systemically important” financial institution? 2300 pages of financial regulation do not specifically tell us. Instead,regulatory agencies will have to decide. One study indicated that implementing new Dodd-Frank financial...

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    Euro Notes

    Jul 31, 10 • 141 Views • International Trade and Finance, Money and Monetary PolicyNo Comments

    $1 million in $100 bills weighs 22 pounds. In $500 bills, $1 million would weigh 4.4 pounds. But the U.S. does not circulate $500 bills. The EU does. According to the WSJ and NPR’s Planet Money, people engaging in illegal activities prefer large...

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    Mortgage Backed Securities (Insecurities)

    Jul 28, 10 • 107 Views • Financial Markets, Money and Monetary Policy, RegulationNo Comments

    NPR’s Planet Money has been looking for the people behind a mortgage backed security. The story, almost like a page turner mystery, began with a $1,000 purchase. With $1,000, Planet Money reporters purchased a tiny piece of a mortgage backed...