The Euro Under Scrutiny
Some recent Readers Questions:
- What is difference and similarities between ECB and Bank of England? - Basically, ECB has a narrower target for just focusing on inflation
- Quite a few people have been asking about printing money - In normal times printing money causes inflation. But, with deflation and a falling velocity of circulation it is more complicated and we can print money without causing inflation. Though it is a difficult balance to get it just right. Problem of printing money (Printing money and effect on sterling) (money explained)
- Video on Euro and Recession. Would membership of the Euro have avoided Recession? - I can't see how. Would membership of the Euro help recover from a recession - I can't see how, it could make it worse for UK
- History of National debt in Japan. Japan's economy looks really vulnerable at moment. It is being battered by a strong Yen. The size of the national debt and debt interest payments is very large.
- Greek Economy - Greece is another country with huge national debt
- UK National Debt updated - now standing at 47.5% of GDP (40% of GDP excluding bank bailouts)
- Factors that affect house prices
Perma Link | By: T Pettinger |
Saturday, January 31, 2009
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1 Comments:
You say that the UK government is borrowing rather than printing money.
Is it borrowing this money from overseas reserves? If so then how does this affect the exchange rate?
Some mention has been made about the government buying up bad debt to help banks and corporate bonds to help business. Will the money for this be borrowed or printed?
Any ideas about oil prices for this year? A fall to well below $40 or is it cheap as is? OPEC says that $60-$80 is required for investment in new production facilities and discovery projects.
Is the current recession as much about last year's energy prices as the credit crunch? If the global economy recovers (and the population increases by yet more millions) then demand will force energy prices back up to levels that cause a stuttering economy again.
Thanks for one of my favourite RSS reads.
James.
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