May 2008 Monthly Archive

Fiscal Policy Demystified!

Fiscal policy may broadly be defined as the governmental policy that influences the economy via the tools of taxation and government spending. By utilizing the various tools of fiscal policy, governments can affect economic activity, aggregate demand, resource allocation and income distribution.… More…

Getting down and dirty with the exchange rate system

Exchange rate systems can be classified under the two broad categories of fixed and floating rates. In real life, exchange rate mechanisms are a mix of these, with some countries having abandoned exchange rates completely due to macro economic crisis.… More…

Has The Dollar Hit Its Trough?

That’s a billion dollar question. Let’s analyze the signals and economic environment in a comparative global context to see if the dollar trough is here or if there is room for it to depreciate further. … More…

"Do not take life too seriously. You will never get out of it alive."
Elbert Hubbard
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