An opinion column in the New York Times offers the view that zealous money printing in the
Question:
a. What does the author mean by "zealous money printing"?
b. Why would zealous money printing have led to the collapse of the Bretton Woods system?
c. What does the author mean by saying that the collapse of the Bretton Woods system resulted in "complete fiat money"?
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a By using the phrase zealous money printing the writer of this column means that the Federal Reserv...View the full answer
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Jehal Shah
I believe everyone should try to be strong at logic and have good reading habit. Because If you possess these two skills, no matter what difficult situation is, you will definitely find a perfect solution out of it. While logical ability gives you to understand complex problems and concepts quite easily, reading habit gives you an open mind and holistic approach to see much bigger picture.
So guys, I always try to explain any concept keeping these two points in my mind. So that you will never forget any more importantly get bored.
Last but not the least, I am finance enthusiast. Big fan of Warren buffet for long term focus investing approach. On the same side derivatives is the segment I possess expertise.
If you have any finacne related doubt, do reach me out.
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