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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    Consumer Financial Protection

    Jul 27, 10 • 128 Views • Financial Markets, Households, Money and Monetary Policy, RegulationNo Comments

    I have been curious about why the new Bureau of Consumer Financial Protection (BCFP), established by the Dodd-Frank financial reform bill, is an independent bureau within the Federal Reserve. While I have not discovered a satisfactory answer, I have learned...

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    Independence and Printing Money

    Jul 5, 10 • 112 Views • Government, Macroeconomic Measurement, Money and Monetary PolicyNo Comments

    Having just celebrated July 4th, I’ve been thinking about 1776, the American Revolution, and money. At the time, money frequently determined who won and lost wars. When countries ran out of money, they had to stop fighting. Great Britain had sufficient...

  • Travels of a Dollar

    May 22, 10 • 107 Views • Money and Monetary PolicyNo Comments

    Having just followed the probable travels of a dollar bill at “wheresgeorge,” I’ve been thinking about money. Money is more than coin or paper currency. Because we can easily spend our demand deposits (checking accounts) and savings...

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    A Plastic Penny?

    May 12, 10 • 130 Views • Government, Money and Monetary PolicyNo Comments

    How do you feel about the penny and the nickel? If you care about the federal budget, you might want to mint them more inexpensively. But, if you own a laundromat, you disagree.    Pennies are actually copper coated pieces of zinc while nickels are...

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    Wheelbarrows of Money

    Apr 26, 10 • 121 Views • International Trade and Finance, Money and Monetary PolicyNo Comments

    If your country’s currency is hyperinflating, then how do you buy bread? You can find a wheelbarrow or use another currency. During February, 2007, with an inflation rate exceeding 50% per month, the Zimbabwean economy experienced hyperinflation....