Economic terms; Inflation risks, currency

Posted: September 30, 2011 in Iraqi Dinar/Politics
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Economic terms

On: Sat 10/01/2011 7:53

Setting: term economic
Inflation risks
Inflation risks are the risks associated with the potential to lead inflation or the rise in the cost of living to the erosion of part of the real value of the investment, and may be accompanied by inflation or weakness in the purchasing power of the currency slump in the production of goods and services, and this phenomenon is known inflation stasis, leading to disastrous effects on the morals of society and social mobility in it: Arab cinema and other

Examples of Fine Arts, a function of the affected community and intellectual conflicts in which economic crises, which are reflected in the crises in financial markets, leading to the emergence of new elements in the financial elite that rely on revenues from adult non-speculative (gambling) in the capital market. Employ this elite or rather wash their money in the film industry, which resist conservative currents of this in mind, and this often leads to a kind of culture wars between the layer of intermediaries and emerging with the tendency of radical change. Examples of these wars, the intellectual debate about the solution or the sanctity of three-dimensional imaging scan or emerging art classes are used to achieve a dual purpose.

Cover gold
It means the gold cover of money, which can convert the banknotes of the quantities of pre-defined gold. Cover gold, also called the gold standard International, a financial system is the use of gold as a basis for determining the value of the currency, and build on this system is evaluated currency country, the country who adopts this system converts any currency into gold has approved after the adoption of fixed prices for buying and selling gold. The UK was the first country to adopt a cap of gold, and that in 1821 AD, followed by then many Western countries, since in 1930 diminished the role of gold in the World Monetary System, and its effect disappeared in the late seventies of the twentieth century.

Currency
Is the sum of the amounts traded in the economy of the country, the paper currency and coins in circulation among the people in a given time.

Equivalent to the total currency in circulation and paper currency cash in circulation and for use in the possession of people and banks, and by the Central Bank in the State. Do not count the amount of money held by the Central Bank.

The Central Bank of census information on the cash in the hands of the people, under the demand in the banks. It does this count of its importance in determining prices and its impact on inflation and trading business.

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