How did the Swiss franc react to the 2015 SNB cap removal?
Chapter 1

The central bank machine

Chapter 2

Government budgets and taxes

Chapter 3

When money loses its meaning

Chapter 4

The global economy dance

YOUR GOAL

Master of Monetary and fiscal policies explained

Ch 4 · The global economy dance
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diego The rise of modern monetary theory

Aug 20

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diego How global crises spread

Aug 20

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The rise of modern monetary theory

diego A controversial economic theory suggests nations printing their own currency cannot go bankrupt.

Aug 20

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How global crises spread

diego Economic shocks in one country quickly ripple across the interconnected modern world.

Aug 20

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:* Fiscal Waltz (Simple, elegant)
    *   *Idea 10
BETA

diego Time your tax and spending choices to master the rhythm of a stable economy.

Aug 20

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Fun Fact

Island money: The Micronesian island of Yap historically used giant stone discs called Rai stones, some weighing over four tons, as currency.

Aug 20

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Glossary
globalization (noun)
The process by which businesses or other organizations develop international influence or start operating on an international scale. In 1944, forty-four nations convened at Bretton Woods to design a highly interconnected international monetary system.

Aug 20

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Gossip

Would you use a government digital currency?

Aug 20

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Quiz

Which country launched the 'Sand Dollar' in 2020, making it the world's first nationwide digital currency?

Aug 20

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diego The digital currency frontier

Aug 20

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Quiz

What happened to the Swiss franc immediately after the Swiss National Bank removed its exchange rate cap in 2015?

Aug 20

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diego The battle of exchange rates

Aug 20

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Quiz

The collapse of which US investment bank in 2008 triggered a major global financial crisis?

Aug 20

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Quiz

Which economic theory, popularized in the 2010s, suggests that governments printing their own currency cannot go bankrupt?

Aug 20

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Quiz

Why do central banks coordinate with each other during global financial crises?

Aug 20

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Quiz

Which central bank shocked global markets in 2015 by suddenly removing its cap on its currency's value against the euro?

Aug 20

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Quiz

What is the main goal of a Central Bank Digital Currency (CBDC) like the Bahamas Sand Dollar?

Aug 20

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Quiz

Who is one of the leading economists associated with the rise of Modern Monetary Theory (MMT)?

Aug 20