Money is a medium of exchange. But do you know the evidence of money before this plastic money age?

This article discuss briefly different Excahnge rate regimes. In addition, it discuss the cost and benefit of each system. As well, it highlights the viability of floating exchange rate system in the context of compleixity and unpredictable economic shocks and the responsiveness of price mechanism and its benefits.

In the words of Crowther, “Deflation is that state of the economy where the value of money is rising or prices are falling”. Deflation, in fact, is a situation where falling prices are accompanied by falling levels of employment output and income.

Explains the concept of the central bank, our money system, and where our money comes from. Also explains the scam in our system and how deceiving the concept is.

Everywhere on the media we hear about the financial crisis, recession and even great depression. But what really happens during a recession?

And low interest rates do not cause inflation.

Mysterious symbols found in America’s one dollar bill.