I’ve been subscribing to Austrian economics for some time now but I’m still confused about some economic commentary I see in the news. One reason for that is Austrian economics do not often use words such as Balance of Payments or foreign reserves in common academic parlance. How do central banks a…

Bump. Opportunity for Mises Academy students to shine.

I would have responded, but I’m not a Mises Academy student.

you have the opportunity to shine too!

I’m not enrolled in the Academy, but might I offer my answers nonetheless? I’m sure they have errors, but practice makes for improvement. [1] A central bank would artificially ‘over-value’ its currency by either contracting the supply of its money relative to production, or, and I think this the mo…

Can anybody help me understand this monetary jargon?

Economics Economics Questions

Think_Blue August 23, 2010, 8:53pm 7

Hi Kenneth. This may partially answer your question, or provide you a general idea about Balance of Payments (scroll down to my post):

[url]Having problems understanding exports and imports]

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Can anybody help me understand this monetary jargon?

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