Sentences with phrase «of the paper money economy»

With that said, Richard Duncan is the author of The Dollar Crisis and The New Depression: The Breakdown Of The Paper Money Economy.

Not exact matches

This paper, however, proposes a different approach: Before pressing the overdrive button on money printing presses, Tokyo might wish to take a careful look at why the last 15 years of ultra-loose credit policies failed to move the economy closer to its estimated potential growth rate of 1.5 percent.

In his paper «Mega-Events: The effect of the world's biggest sporting events on local, regional, and national economies,» he writes: «A local resident who goes to an All - Star Game when it is in town is spending money at the game that likely would have been spent locally elsewhere in the absence of the game.

When economies take a severe downturn and paper money gets devalued, a stash of gold can save you from losing your shirt.

Either deflation's growing momentum will pull today's faltering economies into the ever - growing maw of a deflationary collapse or the continued printing of money to stave off such a collapse will end with the complete debasement of paper currencies in a hyperinflationary blowoff.

A century ago, when the terms were still current, in most industrialized economies «money proper» consisted of gold coins, while paper banknotes and demand deposits that were redeemable in gold were mere money substitutes.

«The alternative is to continue in a situation in which half a million people or maybe 750,000 people in Britain, most of them in London, not registered, with no papers, contributing to the London economy, making money, but not paying tax,» he said.

Included in the PowerPoint: a) Scarcity, Choice and Opportunity Cost - The Fundamental Economic Problem - The Meaning of Scarcity and the inevitability of choices at all levels (individual, firms, govt)- The basic questions of what will be produced ow and for whom - The Meaning of the term «Ceteris Paribus» - The Margin and Decision Making at the Margin - Sort run, long run, very long run b) Positive and Normative Statements - the distinction between fact and value judgements c) Factors of Production - the rewards to the factors of production: land, labour, capital and enterprise - Specialization and division of labour d) Resource Allocation in Different Economic Systems and Issues of Transition - decision making in market, planned and mixed economies - the role of the factor enterprise in a modern economy e) Production Possibility Curves - shape and shifts of the curve - constant and increasing opportunity costs f) Money - functions and characteristics in a modern economy - barter, cash and bank deposits, cheques, near money, liquidity g) Classification of Goods and Services - free goods, private goods (economic goods) and public goods - merit goods and demerit goods as the outcome of imperfect information by consumers PowerPoint Also Includes: - Key Terms for each Chapter - Activities - Multiple Choice and Essay questions from past exam paMoney - functions and characteristics in a modern economy - barter, cash and bank deposits, cheques, near money, liquidity g) Classification of Goods and Services - free goods, private goods (economic goods) and public goods - merit goods and demerit goods as the outcome of imperfect information by consumers PowerPoint Also Includes: - Key Terms for each Chapter - Activities - Multiple Choice and Essay questions from past exam pamoney, liquidity g) Classification of Goods and Services - free goods, private goods (economic goods) and public goods - merit goods and demerit goods as the outcome of imperfect information by consumers PowerPoint Also Includes: - Key Terms for each Chapter - Activities - Multiple Choice and Essay questions from past exam papers.

I much prefer a hardback to anything, though trade paper fiction is acceptable, but with the economy sagging and my check book in even worse shape, I just can't justify spending that kind of money.

My thesis, springing from what I had learned in Dr. Carl Christ's class on financial economics (which in itself was an anomaly in the political economy department), forced me to analyze the then - fresh literature on event studies on efficient markets, including the famous paper by Fama, Fisher, Jensen, and Roll on how it was impossible to make money off of stock market splits.

Today, we use the system of «fiat money» which says that currency is intrinsically worth only the paper it is printed on is is used only as a medium of exchange for the supply and demand of goods and services in an economy, including precious metals like gold and silver, with the value of money allowed to fluctuate based on market forces.

Investment of cash in gold is also specifically a hedge against currency inflation; paper money, account balances, and even debt instruments like bonds and CDs can lose real value over time in a «hot» economy where there's more money than things to buy with it.

Incorporating modified detritus — billboard paper, photomechanical reproductions, wrapping and carbon paper — in its densely accreted, silver - gray surfaces, Ghost Money is a rich representation of urban life that pays particular attention to the «underbelly» economies that are interlaced with social injustices.