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What are some good articles like this that introduce general concepts for a general of educated audience?
by nazgul17 4y ago
What are some good articles like this that introduce general concepts for a general of educated audience?
- garyclarke27 4y agoI wrote a blog post which is pretty good - even if I say so myself (it’s had great feedback) I agree with the fundamentals of this article but I fill in some missing pieces. https://www.onedb.online/blog/what_is_money https://www.onedb.online/blog/what_is_money
- oli5679 4y agoYour article is really interesting. I was wondering what you think about the type of maths Krugman does here [1]? “ This willingness of foreigners to hold American cash means, in effect, that the world has lent the U.S. a substantial amount of money — maybe on the order of $1 trillion — at zero interest. That’s not a big deal when interest rates are as low as they are now, but in the past it has been worth more — maybe as much as 0.25 percent of G.D.P.” What is the mechanism where being global reserve currency leads to greater benefits than what Paul calculated? 1. https://archive.ph/Zpp0a https://archive.ph/Zpp0a
- spiralx 4y agoThey've got a companion piece on money in general if you liked this one: https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-in-the-modern-economy-an-introduction.pdf https://www.bankofengland.co.uk/-/media/boe/files/quarterly-...